Franklin FTSE Canada ETF (NYSEARCA:FLCA) Short Interest Down 47.1% in May

Franklin FTSE Canada ETF (NYSEARCA:FLCA) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 27,503 shares, a decline of 47.1% from the May 14th total of 51,989 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 40,599 shares, the short-interest ratio is currently 0.7 days.

Franklin FTSE Canada ETF Trading Up 0.7%

Shares of NYSEARCA FLCA traded up $0.34 during trading hours on Friday, reaching $52.53. The stock had a trading volume of 17,375 shares, compared to its average volume of 75,701. The firm has a market cap of $751.18 million, a price-to-earnings ratio of 19.67 and a beta of 0.84. The business’s fifty day moving average price is $51.73 and its two-hundred day moving average price is $50.01. Franklin FTSE Canada ETF has a 52-week low of $40.64 and a 52-week high of $53.21.

Institutional Trading of Franklin FTSE Canada ETF

A number of large investors have recently modified their holdings of FLCA. Bank of America Corp DE grew its holdings in Franklin FTSE Canada ETF by 20.4% during the 1st quarter. Bank of America Corp DE now owns 4,251,730 shares of the company’s stock worth $208,080,000 after acquiring an additional 720,745 shares in the last quarter. Royal Bank of Canada grew its holdings in Franklin FTSE Canada ETF by 520.4% during the 4th quarter. Royal Bank of Canada now owns 272,728 shares of the company’s stock worth $13,173,000 after acquiring an additional 228,769 shares in the last quarter. ES4 LLC bought a new position in Franklin FTSE Canada ETF during the 4th quarter worth about $4,588,000. Wells Fargo & Company MN grew its holdings in Franklin FTSE Canada ETF by 2,881,250.0% during the 4th quarter. Wells Fargo & Company MN now owns 57,627 shares of the company’s stock worth $2,783,000 after acquiring an additional 57,625 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Franklin FTSE Canada ETF by 2.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,970,219 shares of the company’s stock worth $95,162,000 after acquiring an additional 44,927 shares in the last quarter.

Franklin FTSE Canada ETF Company Profile

The Franklin FTSE Canada ETF (FLCA) is an exchange-traded fund that is based on the FTSE Canada RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Canadian stocks. FLCA was launched on Nov 2, 2017 and is managed by Franklin Templeton.