Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Down 84.3% in August

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 301 shares, a drop of 84.3% from the July 30th total of 1,919 shares. Based on an average daily volume of 4,222 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Franklin FTSE Germany ETF

Institutional investors have recently modified their holdings of the business. Marotta Asset Management boosted its holdings in Franklin FTSE Germany ETF by 4.2% in the 1st quarter. Marotta Asset Management now owns 227,190 shares of the company’s stock worth $7,216,000 after buying an additional 9,227 shares during the last quarter. Bank of America Corp DE increased its holdings in Franklin FTSE Germany ETF by 29.8% in the 1st quarter. Bank of America Corp DE now owns 63,848 shares of the company’s stock valued at $1,997,000 after purchasing an additional 14,660 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in Franklin FTSE Germany ETF in the 3rd quarter valued at about $2,022,000. JPMorgan Chase & Co. purchased a new position in Franklin FTSE Germany ETF in the 2nd quarter valued at approximately $793,000. Finally, Jane Street Group LLC raised its position in Franklin FTSE Germany ETF by 10.0% in the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock valued at $483,000 after purchasing an additional 1,313 shares in the last quarter.

Franklin FTSE Germany ETF Price Performance

NYSEARCA FLGR traded up $0.15 during trading on Thursday, reaching $34.68. 560 shares of the company’s stock traded hands, compared to its average volume of 8,094. 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 simple moving average is $33.15 and its two-hundred day simple moving average is $33.16. The firm has a market cap of $39.88 million, a price-to-earnings ratio of 17.93 and a beta of 0.95.

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.