Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Up 374.1% in March

Franklin FTSE Germany ETF (NYSEARCA:FLGR) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,325 shares, an increase of 374.1% from the March 15th total of 1,334 shares. Based on an average trading volume of 6,758 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On Franklin FTSE Germany ETF

Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its position in Franklin FTSE Germany ETF by 10.0% in the fourth quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock worth $483,000 after purchasing an additional 1,313 shares during the period. JPMorgan Chase & Co. acquired a new stake in Franklin FTSE Germany ETF in the second quarter worth approximately $793,000. Bank of America Corp DE lifted its position 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 purchasing an additional 3,370 shares during the period. Flow Traders U.S. LLC acquired a new stake in Franklin FTSE Germany ETF in the third quarter worth approximately $2,022,000. Finally, Marotta Asset Management lifted its position in Franklin FTSE Germany ETF by 2.5% in the third quarter. Marotta Asset Management now owns 200,165 shares of the company’s stock worth $6,667,000 after purchasing an additional 4,910 shares during the period.

Franklin FTSE Germany ETF Stock Down 0.1%

NYSEARCA FLGR opened at $32.82 on Monday. The stock has a market cap of $42.67 million, a price-to-earnings ratio of 17.93 and a beta of 0.97. Franklin FTSE Germany ETF has a fifty-two week low of $28.08 and a fifty-two week high of $35.18. The business has a fifty day moving average of $32.95 and a 200-day moving average of $33.02.

Franklin FTSE Germany ETF Company Profile

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.