Franklin FTSE Latin America ETF (NYSEARCA:FLLA) Short Interest Up 546.8% in March

Franklin FTSE Latin America ETF (NYSEARCA:FLLA) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 171,153 shares, a growth of 546.8% from the February 26th total of 26,460 shares. Currently, 6.8% of the shares of the company are short sold. Based on an average trading volume of 81,068 shares, the days-to-cover ratio is presently 2.1 days. Based on an average trading volume of 81,068 shares, the days-to-cover ratio is presently 2.1 days. Currently, 6.8% of the shares of the company are short sold.

Institutional Trading of Franklin FTSE Latin America ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. WealthShield Partners LLC grew its position in shares of Franklin FTSE Latin America ETF by 197.9% during the fourth quarter. WealthShield Partners LLC now owns 8,504 shares of the company’s stock valued at $205,000 after purchasing an additional 5,649 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Franklin FTSE Latin America ETF in the second quarter worth about $252,000. Baker Ellis Asset Management LLC bought a new position in Franklin FTSE Latin America ETF during the fourth quarter valued at approximately $289,000. Orion Porfolio Solutions LLC bought a new position in Franklin FTSE Latin America ETF during the fourth quarter valued at approximately $313,000. Finally, Comprehensive Money Management Services LLC grew its holdings in Franklin FTSE Latin America ETF by 25.4% during the 3rd quarter. Comprehensive Money Management Services LLC now owns 14,210 shares of the company’s stock valued at $333,000 after buying an additional 2,880 shares in the last quarter.

Franklin FTSE Latin America ETF Stock Up 1.8%

NYSEARCA:FLLA traded up $0.48 during trading hours on Wednesday, hitting $27.57. 18,322 shares of the stock traded hands, compared to its average volume of 58,292. Franklin FTSE Latin America ETF has a 1 year low of $17.46 and a 1 year high of $29.60. The company has a market cap of $68.93 million, a price-to-earnings ratio of 10.26 and a beta of 0.90. The stock has a 50 day moving average price of $27.78 and a 200 day moving average price of $25.24.

Franklin FTSE Latin America ETF Company Profile

The Franklin FTSE Latin America ETF (FLLA) is an exchange-traded fund that is based on the FTSE Latin America RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Latin American equities. FLLA was launched on Oct 9, 2018 and is managed by Franklin Templeton.