Franklin Focused Growth ETF (BATS:FFOG) Stock Short Interest Report for September

Franklin Focused Growth ETF (BATS:FFOG) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 14,437 shares, an increase of 67.3% from the September 15th total of 8,631 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 35,119 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Franklin Focused Growth ETF during the 3rd quarter worth about $87,000. RFG Advisory LLC bought a new stake in shares of Franklin Focused Growth ETF in the 2nd quarter valued at about $253,000. Citadel Advisors LLC lifted its stake in Franklin Focused Growth ETF by 119.7% in the 2nd quarter. Citadel Advisors LLC now owns 26,923 shares of the company’s stock valued at $1,387,000 after purchasing an additional 14,668 shares during the last quarter. Western Wealth Management LLC acquired a new stake in Franklin Focused Growth ETF in the 1st quarter valued at about $249,000. Finally, Cetera Investment Advisers lifted its stake in Franklin Focused Growth ETF by 14.6% in the 1st quarter. Cetera Investment Advisers now owns 315,497 shares of the company’s stock valued at $12,961,000 after purchasing an additional 40,185 shares during the last quarter.

Franklin Focused Growth ETF Trading Down 0.6%

BATS FFOG opened at $50.08 on Friday. The firm’s fifty day moving average price is $50.62 and its two-hundred day moving average price is $49.26. Franklin Focused Growth ETF has a 1 year low of $38.89 and a 1 year high of $53.78. The firm has a market capitalization of $170.27 million, a P/E ratio of 47.17 and a beta of 1.43.

About Franklin Focused Growth ETF

The Franklin Focused Growth ETF FOCUSED GROWTH ETF (FFOG) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in equities perceived to have strong fundamentals and prospects for growth. The fund does not limit investments to any particular market-cap, industry or geography. FFOG was launched on Apr 13, 2016 and is issued by Franklin Templeton.