Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Large Increase in Short Interest

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 52,658 shares, an increase of 432.8% from the March 15th total of 9,883 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 652,335 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Franklin U.S. Core Bond ETF

Large investors have recently modified their holdings of the business. Root Financial Partners LLC bought a new stake in shares of Franklin U.S. Core Bond ETF during the 3rd quarter valued at about $38,000. CWM LLC bought a new stake in shares of Franklin U.S. Core Bond ETF during the 3rd quarter valued at about $50,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Franklin U.S. Core Bond ETF during the 3rd quarter valued at about $52,000. Kestra Advisory Services LLC bought a new stake in shares of Franklin U.S. Core Bond ETF during the 4th quarter valued at about $78,000. Finally, Orion Porfolio Solutions LLC bought a new stake in shares of Franklin U.S. Core Bond ETF during the 4th quarter valued at about $212,000.

Franklin U.S. Core Bond ETF Stock Performance

NYSEARCA:FLCB opened at $21.50 on Monday. Franklin U.S. Core Bond ETF has a 1-year low of $20.89 and a 1-year high of $21.96. The stock’s 50-day moving average is $21.63 and its 200-day moving average is $21.68.

About Franklin U.S. Core Bond ETF

The Franklin U.S. Core Bond ETF (FLCB) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S FLCB was launched on Sep 17, 2019 and is managed by Franklin Templeton.