Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) Short Interest Update

Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 9,230 shares, a drop of 62.3% from the February 26th total of 24,506 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 44,190 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 44,190 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Franklin Ultra Short Bond ETF Price Performance

FLUD opened at $25.00 on Wednesday. The company has a 50 day moving average of $25.03 and a 200 day moving average of $25.03. Franklin Ultra Short Bond ETF has a 12 month low of $24.46 and a 12 month high of $26.70.

Institutional Investors Weigh In On Franklin Ultra Short Bond ETF

Institutional investors have recently made changes to their positions in the stock. Cetera Investment Advisers purchased a new stake in Franklin Ultra Short Bond ETF during the 4th quarter worth about $211,000. CacheTech Inc. bought a new position in shares of Franklin Ultra Short Bond ETF in the fourth quarter valued at approximately $739,000. Jane Street Group LLC boosted its position in shares of Franklin Ultra Short Bond ETF by 105.6% in the second quarter. Jane Street Group LLC now owns 32,176 shares of the company’s stock valued at $806,000 after acquiring an additional 16,529 shares during the period. Citadel Advisors LLC grew its stake in Franklin Ultra Short Bond ETF by 40.7% during the third quarter. Citadel Advisors LLC now owns 32,825 shares of the company’s stock valued at $824,000 after acquiring an additional 9,491 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Franklin Ultra Short Bond ETF during the fourth quarter valued at approximately $893,000.

Franklin Ultra Short Bond ETF Company Profile

The Franklin Ultra Short Bond ETF (FLUD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of broad investment-grade, ultra-short term bonds. FLUD was launched on Jul 14, 2020 and is managed by Franklin Templeton.