Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL) Short Interest Update

Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDLGet Free Report) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 4,498 shares, a decrease of 60.7% from the July 30th total of 11,457 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 14,364 shares, the short-interest ratio is currently 0.3 days.

Franklin Responsibly Sourced Gold ETF Price Performance

Shares of FGDL traded down $1.73 on Friday, hitting $59.60. 10,319 shares of the stock traded hands, compared to its average volume of 48,318. The business has a 50 day simple moving average of $55.92 and a 200 day simple moving average of $60.41. Franklin Responsibly Sourced Gold ETF has a one year low of $45.64 and a one year high of $74.24.

Institutional Trading of Franklin Responsibly Sourced Gold ETF

A number of institutional investors and hedge funds have recently modified their holdings of FGDL. Osbon Capital Management LLC purchased a new position in shares of Franklin Responsibly Sourced Gold ETF in the fourth quarter worth $27,000. Cornerstone Planning Group LLC increased its holdings in Franklin Responsibly Sourced Gold ETF by 2,359.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 541 shares of the company’s stock worth $33,000 after buying an additional 519 shares in the last quarter. Advisory Services Network LLC bought a new stake in Franklin Responsibly Sourced Gold ETF in the 3rd quarter worth about $33,000. Raymond James Financial Inc. purchased a new position in Franklin Responsibly Sourced Gold ETF in the 2nd quarter worth about $35,000. Finally, Transamerica Financial Advisors LLC raised its position in Franklin Responsibly Sourced Gold ETF by 255.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 644 shares of the company’s stock worth $37,000 after buying an additional 463 shares during the last quarter.

Franklin Responsibly Sourced Gold ETF Company Profile

(Get Free Report)

The Franklin Responsibly Sourced Gold ETF (FGDL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund provides the price movement of gold spot price, less expenses and liabilities, using gold bars that meet London Bullion Market Associations responsible gold guidance. FGDL was launched on Jun 30, 2022 and is managed by Franklin Templeton.

Further Reading

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