Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) Short Interest Update

Franklin Dynamic Municipal Bond ETF (NYSEARCA:FLMI) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 38,500 shares, a growth of 34.6% from the August 15th total of 28,600 shares. Based on an average trading volume of 289,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 289,400 shares, the short-interest ratio is presently 0.1 days.

Franklin Dynamic Municipal Bond ETF Trading Up 0.0%

Shares of NYSEARCA:FLMI opened at $24.81 on Friday. The business’s fifty day moving average price is $24.21 and its two-hundred day moving average price is $24.20. Franklin Dynamic Municipal Bond ETF has a fifty-two week low of $23.05 and a fifty-two week high of $25.38.

Institutional Trading of Franklin Dynamic Municipal Bond ETF

Several large investors have recently made changes to their positions in FLMI. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the first quarter worth $50,339,000. GAMMA Investing LLC grew its holdings in shares of Franklin Dynamic Municipal Bond ETF by 2,162.6% during the first quarter. GAMMA Investing LLC now owns 1,434,530 shares of the company’s stock worth $35,060,000 after purchasing an additional 1,371,129 shares during the last quarter. RFG Advisory LLC grew its holdings in shares of Franklin Dynamic Municipal Bond ETF by 5,425.8% during the first quarter. RFG Advisory LLC now owns 559,713 shares of the company’s stock worth $13,679,000 after purchasing an additional 549,584 shares during the last quarter. LPL Financial LLC grew its holdings in shares of Franklin Dynamic Municipal Bond ETF by 19.0% during the first quarter. LPL Financial LLC now owns 3,084,460 shares of the company’s stock worth $75,384,000 after purchasing an additional 493,257 shares during the last quarter. Finally, Legacy CG LLC bought a new stake in shares of Franklin Dynamic Municipal Bond ETF during the first quarter worth $11,929,000.

Franklin Dynamic Municipal Bond ETF Company Profile

The Franklin Dynamic Municipal Bond ETF (FLMI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in municipal bonds of any credit quality. The portfolio manager seeks dollar-weighted average maturity of three to ten years. FLMI was launched on Aug 31, 2017 and is managed by Franklin Templeton.