Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Update

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 703 shares, a drop of 88.1% from the April 15th total of 5,911 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 4,601 shares, the short-interest ratio is presently 0.2 days.

Franklin FTSE Germany ETF Stock Performance

Shares of NYSEARCA:FLGR traded up $0.03 during mid-day trading on Thursday, hitting $33.20. The stock had a trading volume of 7,424 shares, compared to its average volume of 11,101. The company has a market cap of $43.16 million, a PE ratio of 17.93 and a beta of 0.95. Franklin FTSE Germany ETF has a 12-month low of $29.96 and a 12-month high of $35.18. The company’s 50 day moving average is $32.40 and its 200-day moving average is $33.08.

Institutional Trading of Franklin FTSE Germany ETF

Hedge funds have recently modified their holdings of the business. Flow Traders U.S. LLC purchased a new position in shares of Franklin FTSE Germany ETF during the third quarter valued at $2,022,000. JPMorgan Chase & Co. purchased a new stake in Franklin FTSE Germany ETF in the 2nd quarter worth about $793,000. Marotta Asset Management boosted its position in Franklin FTSE Germany ETF by 8.9% during the 4th quarter. Marotta Asset Management now owns 217,963 shares of the company’s stock worth $7,309,000 after acquiring an additional 17,798 shares during the period. Bank of America Corp DE boosted its position in Franklin FTSE Germany ETF by 8.1% during the 3rd quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock worth $1,475,000 after acquiring an additional 3,370 shares during the period. Finally, Jane Street Group LLC grew its stake in Franklin FTSE Germany ETF by 10.0% during the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock valued at $483,000 after acquiring an additional 1,313 shares in the last quarter.

Franklin FTSE Germany ETF Company Profile

The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.