Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Short Interest Update

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 209,987 shares, an increase of 342.1% from the March 15th total of 47,499 shares. Based on an average trading volume of 307,935 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.9% of the shares of the company are sold short.

Franklin FTSE Taiwan ETF Stock Performance

NYSEARCA:FLTW opened at $73.94 on Monday. Franklin FTSE Taiwan ETF has a 52 week low of $40.03 and a 52 week high of $74.74. The firm has a market cap of $1.65 billion, a price-to-earnings ratio of 17.84 and a beta of 0.96. The firm’s 50-day simple moving average is $69.49 and its 200 day simple moving average is $64.21.

Institutional Trading of Franklin FTSE Taiwan ETF

Several large investors have recently made changes to their positions in the company. Vident Advisory LLC boosted its position in shares of Franklin FTSE Taiwan ETF by 593.3% during the 4th quarter. Vident Advisory LLC now owns 49,444 shares of the company’s stock worth $3,008,000 after acquiring an additional 42,312 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in shares of Franklin FTSE Taiwan ETF during the 4th quarter worth approximately $5,026,000. Bank of Nova Scotia boosted its position in shares of Franklin FTSE Taiwan ETF by 11.8% during the 4th quarter. Bank of Nova Scotia now owns 57,930 shares of the company’s stock worth $3,531,000 after acquiring an additional 6,100 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Franklin FTSE Taiwan ETF by 281.4% during the 4th quarter. Jane Street Group LLC now owns 596,465 shares of the company’s stock worth $36,289,000 after acquiring an additional 440,060 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Franklin FTSE Taiwan ETF by 15.6% during the 4th quarter. JPMorgan Chase & Co. now owns 290,149 shares of the company’s stock worth $17,653,000 after acquiring an additional 39,089 shares in the last quarter.

About Franklin FTSE Taiwan ETF

The Franklin FTSE Taiwan ETF (FLTW) is an exchange-traded fund that is based on the FTSE Taiwan RIC Capped index, a market-cap-weighted index of Taiwanese companies, excluding small-caps. FLTW was launched on Nov 2, 2017 and is managed by Franklin Templeton.