Franklin Senior Loan ETF (BATS:FLBL) Shares Shorted: Short Interest Up 79.2% in September

Franklin Senior Loan ETF (BATS:FLBL) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 343,809 shares, a growth of 79.2% from the September 15th total of 191,806 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 383,246 shares, the short-interest ratio is currently 0.9 days.

Franklin Senior Loan ETF Stock Performance

FLBL stock opened at $22.72 on Friday. Franklin Senior Loan ETF has a twelve month low of $22.57 and a twelve month high of $23.89. The business has a fifty day moving average of $22.99 and a 200-day moving average of $22.98.

Institutional Trading of Franklin Senior Loan ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its holdings in Franklin Senior Loan ETF by 655.5% during the 1st quarter. Bank of New York Mellon Corp now owns 1,933,014 shares of the company’s stock worth $44,459,000 after purchasing an additional 1,677,153 shares during the last quarter. SHP Wealth Management bought a new position in shares of Franklin Senior Loan ETF in the 4th quarter valued at about $27,713,000. Assetmark Inc. boosted its stake in shares of Franklin Senior Loan ETF by 19.4% in the 1st quarter. Assetmark Inc. now owns 435,364 shares of the company’s stock valued at $10,013,000 after purchasing an additional 70,667 shares during the last quarter. DORVAL Corp boosted its stake in shares of Franklin Senior Loan ETF by 2.3% in the 2nd quarter. DORVAL Corp now owns 346,058 shares of the company’s stock valued at $7,932,000 after purchasing an additional 7,830 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of Franklin Senior Loan ETF by 226.6% during the 1st quarter. Royal Bank of Canada now owns 334,835 shares of the company’s stock worth $7,700,000 after buying an additional 232,329 shares during the period.

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.