Franklin FTSE Latin America ETF (NYSEARCA:FLLA) Short Interest Up 32.2% in August

Franklin FTSE Latin America ETF (NYSEARCA:FLLA) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totaling 22,600 shares, a growth of 32.2% from the July 31st total of 17,100 shares. Based on an average daily volume of 15,000 shares, the short-interest ratio is presently 1.5 days. Based on an average daily volume of 15,000 shares, the short-interest ratio is presently 1.5 days.

Franklin FTSE Latin America ETF Price Performance

Shares of NYSEARCA:FLLA opened at $22.53 on Thursday. The stock has a market cap of $38.30 million, a P/E ratio of 10.26 and a beta of 1.08. The firm has a fifty day moving average price of $21.46 and a 200 day moving average price of $20.67. Franklin FTSE Latin America ETF has a 1-year low of $16.80 and a 1-year high of $22.69.

Institutional Trading of Franklin FTSE Latin America ETF

A number of large investors have recently bought and sold shares of FLLA. Jane Street Group LLC grew its holdings in shares of Franklin FTSE Latin America ETF by 345.0% during the fourth quarter. Jane Street Group LLC now owns 69,596 shares of the company’s stock worth $1,176,000 after buying an additional 53,957 shares during the last quarter. Citadel Advisors LLC grew its holdings in shares of Franklin FTSE Latin America ETF by 49.3% during the fourth quarter. Citadel Advisors LLC now owns 55,653 shares of the company’s stock worth $940,000 after buying an additional 18,388 shares during the last quarter. Yoffe Investment Management LLC purchased a new position in shares of Franklin FTSE Latin America ETF during the fourth quarter worth about $300,000. Old Port Advisors purchased a new position in shares of Franklin FTSE Latin America ETF during the first quarter worth about $248,000. Finally, OLD Mission Capital LLC grew its holdings in shares of Franklin FTSE Latin America ETF by 505.1% during the first quarter. OLD Mission Capital LLC now owns 97,302 shares of the company’s stock worth $1,891,000 after buying an additional 81,222 shares during the last quarter.

Franklin FTSE Latin America ETF Company Profile

The Franklin FTSE Latin America ETF (FLLA) is an exchange-traded fund that is based on the FTSE Latin America RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Latin American equities. FLLA was launched on Oct 9, 2018 and is managed by Franklin Templeton.