Franklin FTSE Japan ETF (NYSEARCA:FLJP) Short Interest Update

Franklin FTSE Japan ETF (NYSEARCA:FLJP) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 1,886,539 shares, a growth of 4,551.5% from the January 29th total of 40,558 shares. Based on an average trading volume of 1,506,898 shares, the short-interest ratio is presently 1.3 days. Currently, 2.6% of the company’s stock are sold short. Currently, 2.6% of the company’s stock are sold short. Based on an average trading volume of 1,506,898 shares, the short-interest ratio is presently 1.3 days.

Institutional Investors Weigh In On Franklin FTSE Japan ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of Montreal Can lifted its position in Franklin FTSE Japan ETF by 288.0% in the 2nd quarter. Bank of Montreal Can now owns 662,168 shares of the company’s stock valued at $21,289,000 after acquiring an additional 491,525 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Franklin FTSE Japan ETF by 4.2% in the third quarter. Bank of America Corp DE now owns 11,836,372 shares of the company’s stock valued at $409,065,000 after purchasing an additional 476,703 shares in the last quarter. Tradewinds Capital Management LLC bought a new position in shares of Franklin FTSE Japan ETF in the fourth quarter valued at approximately $14,100,000. Cercano Management LLC purchased a new position in shares of Franklin FTSE Japan ETF during the third quarter valued at approximately $13,791,000. Finally, Quadrature Capital Ltd bought a new stake in Franklin FTSE Japan ETF during the fourth quarter worth $11,306,000.

Franklin FTSE Japan ETF Stock Up 1.2%

Shares of NYSEARCA:FLJP opened at $39.60 on Thursday. The stock’s 50 day moving average is $36.75 and its 200-day moving average is $35.61. Franklin FTSE Japan ETF has a twelve month low of $25.77 and a twelve month high of $40.22. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of 14.28 and a beta of 0.65.

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.