Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) Short Interest Update

Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 20,500 shares, anincreaseof201.5% from the July 15th total of 6,800 shares. Based on an average daily trading volume, of 35,600 shares, the short-interest ratio is presently 0.6 days. Approximately0.1% of the shares of the company are short sold. Approximately0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 35,600 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Franklin Systematic Style Premia ETF

Several hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE lifted its holdings in shares of Franklin Systematic Style Premia ETF by 1.3% in the 2nd quarter. Bank of America Corp DE now owns 1,071,206 shares of the company’s stock worth $25,816,000 after purchasing an additional 13,975 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Franklin Systematic Style Premia ETF by 158.8% in the 2nd quarter. Jane Street Group LLC now owns 150,000 shares of the company’s stock worth $3,615,000 after purchasing an additional 92,051 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Franklin Systematic Style Premia ETF in the 2nd quarter worth approximately $117,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of Franklin Systematic Style Premia ETF by 78.6% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 33,222 shares of the company’s stock worth $801,000 after purchasing an additional 14,623 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of Franklin Systematic Style Premia ETF by 4.4% in the 2nd quarter. Franklin Resources Inc. now owns 5,758,551 shares of the company’s stock worth $138,781,000 after purchasing an additional 243,422 shares during the last quarter.

Franklin Systematic Style Premia ETF Stock Down 0.1%

NYSEARCA:FLSP opened at $25.28 on Monday. The business’s 50 day moving average is $24.49 and its two-hundred day moving average is $24.25. Franklin Systematic Style Premia ETF has a 52 week low of $21.72 and a 52 week high of $26.27. The company has a market cap of $361.50 million, a PE ratio of 18.32 and a beta of 0.02.

Franklin Systematic Style Premia ETF Company Profile

The Franklin Systematic Style Premia ETF (FLSP) is an exchange-traded fund that is based on the IQ Hedge Market Neutral index. The fund is an actively managed, absolute return fund that aims to produce positive returns in a rising or falling market by employing a multi-asset, long\u002Fshort strategy via the use of derivatives.