Franklin FTSE Germany ETF (NYSEARCA:FLGR) Stock Short Interest Report for October

Franklin FTSE Germany ETF (NYSEARCA:FLGR) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 1,195 shares, a growth of 215.3% from the September 30th total of 379 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 4,379 shares, the short-interest ratio is presently 0.3 days.

Franklin FTSE Germany ETF Price Performance

Shares of NYSEARCA FLGR opened at $32.60 on Thursday. The business has a 50-day moving average of $32.99 and a 200-day moving average of $33.18. The stock has a market capitalization of $37.49 million, a price-to-earnings ratio of 17.93 and a beta of 0.96. Franklin FTSE Germany ETF has a fifty-two week low of $29.96 and a fifty-two week high of $35.18.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in shares of Franklin FTSE Germany ETF during the 2nd quarter worth approximately $391,000. Bank of America Corp DE boosted its holdings in shares of 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 buying an additional 14,660 shares during the last quarter. Finally, Marotta Asset Management boosted its holdings in shares of Franklin FTSE Germany ETF by 4.2% in the 1st quarter. Marotta Asset Management now owns 227,190 shares of the company’s stock valued at $7,216,000 after buying an additional 9,227 shares during the last quarter.

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.