Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Update

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 8,372 shares, a decrease of 43.4% from the November 30th total of 14,787 shares. Based on an average trading volume of 11,346 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 11,346 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of Franklin FTSE Germany ETF

Several institutional investors have recently added to or reduced their stakes in FLGR. Marotta Asset Management lifted its position in shares of Franklin FTSE Germany ETF by 2.5% in the 3rd quarter. Marotta Asset Management now owns 200,165 shares of the company’s stock worth $6,667,000 after buying an additional 4,910 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Franklin FTSE Germany ETF during the third quarter worth about $2,022,000. Bank of America Corp DE lifted its holdings in Franklin FTSE Germany ETF by 8.1% in the third quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock worth $1,475,000 after acquiring an additional 3,370 shares during the last quarter. JPMorgan Chase & Co. bought a new position in Franklin FTSE Germany ETF in the second quarter worth about $793,000. Finally, Atria Investments Inc acquired a new position in Franklin FTSE Germany ETF in the second quarter valued at approximately $686,000.

Franklin FTSE Germany ETF Stock Performance

FLGR opened at $33.66 on Friday. The company has a 50-day moving average of $32.55 and a 200-day moving average of $32.89. Franklin FTSE Germany ETF has a 1-year low of $24.71 and a 1-year high of $34.28. The company has a market capitalization of $52.17 million, a P/E ratio of 17.93 and a beta of 1.04.

About Franklin FTSE Germany ETF

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.