Franklin FTSE Japan ETF (NYSEARCA:FLJP) Short Interest Up 147.8% in February

Franklin FTSE Japan ETF (NYSEARCA:FLJP) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 4,674,102 shares, a growth of 147.8% from the February 12th total of 1,886,539 shares. Based on an average daily volume of 1,054,715 shares, the short-interest ratio is currently 4.4 days. Approximately 6.3% of the shares of the stock are sold short. Approximately 6.3% of the shares of the stock are sold short. Based on an average daily volume of 1,054,715 shares, the short-interest ratio is currently 4.4 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Blair William & Co. IL boosted its position in shares of Franklin FTSE Japan ETF by 2.6% in the 4th quarter. Blair William & Co. IL now owns 9,991 shares of the company’s stock worth $344,000 after buying an additional 256 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Franklin FTSE Japan ETF by 5.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,968 shares of the company’s stock valued at $171,000 after acquiring an additional 266 shares in the last quarter. BOS Asset Management LLC increased its holdings in Franklin FTSE Japan ETF by 3.6% during the 3rd quarter. BOS Asset Management LLC now owns 8,527 shares of the company’s stock valued at $295,000 after acquiring an additional 295 shares in the last quarter. Wilmington Savings Fund Society FSB raised its position in Franklin FTSE Japan ETF by 3.9% during the third quarter. Wilmington Savings Fund Society FSB now owns 7,936 shares of the company’s stock worth $274,000 after acquiring an additional 300 shares during the last quarter. Finally, Paces Ferry Wealth Advisors LLC raised its position in Franklin FTSE Japan ETF by 3.3% during the third quarter. Paces Ferry Wealth Advisors LLC now owns 10,600 shares of the company’s stock worth $366,000 after acquiring an additional 340 shares during the last quarter.

Franklin FTSE Japan ETF Stock Performance

Shares of FLJP stock opened at $36.68 on Thursday. The stock has a fifty day moving average price of $37.34 and a 200 day moving average price of $35.86. The stock has a market cap of $2.71 billion, a PE ratio of 14.28 and a beta of 0.65. Franklin FTSE Japan ETF has a 1 year low of $25.77 and a 1 year high of $40.22.

About Franklin FTSE Japan ETF

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.