Franklin Senior Loan ETF (BATS:FLBL) Short Interest Down 32.5% in July

Franklin Senior Loan ETF (BATS:FLBL) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 209,639 shares, a decline of 32.5% from the June 30th total of 310,681 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 352,780 shares, the short-interest ratio is presently 0.6 days.

Franklin Senior Loan ETF Price Performance

Shares of FLBL opened at $23.04 on Friday. Franklin Senior Loan ETF has a fifty-two week low of $22.57 and a fifty-two week high of $24.28. The firm’s 50 day moving average price is $22.93 and its 200 day moving average price is $23.03.

Institutional Trading of Franklin Senior Loan ETF

A number of large investors have recently modified their holdings of FLBL. Hantz Financial Services Inc. increased its position in shares of Franklin Senior Loan ETF by 2.9% during the fourth quarter. Hantz Financial Services Inc. now owns 2,439,743 shares of the company’s stock worth $57,139,000 after acquiring an additional 69,704 shares during the period. Bank of New York Mellon Corp boosted its holdings in Franklin Senior Loan ETF by 655.5% in the first quarter. Bank of New York Mellon Corp now owns 1,933,014 shares of the company’s stock valued at $44,459,000 after purchasing an additional 1,677,153 shares during the period. SHP Wealth Management purchased a new position in Franklin Senior Loan ETF in the fourth quarter valued at $27,713,000. Ameriprise Financial Inc. grew its stake in Franklin Senior Loan ETF by 142.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 846,007 shares of the company’s stock worth $20,324,000 after purchasing an additional 496,769 shares in the last quarter. Finally, Prevail Innovative Wealth Advisors LLC grew its stake in Franklin Senior Loan ETF by 5.7% during the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 669,237 shares of the company’s stock worth $16,216,000 after purchasing an additional 35,836 shares in the last quarter.

About Franklin Senior Loan ETF

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.