Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Short Interest Up 96.1% in February

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 171,599 shares, an increase of 96.1% from the January 29th total of 87,515 shares. Based on an average daily volume of 277,769 shares, the short-interest ratio is currently 0.6 days. Approximately 1.6% of the company’s stock are sold short. Approximately 1.6% of the company’s stock are sold short. Based on an average daily volume of 277,769 shares, the short-interest ratio is currently 0.6 days.

Franklin FTSE Taiwan ETF Price Performance

FLTW opened at $73.30 on Monday. The company has a market capitalization of $798.97 million, a PE ratio of 17.84 and a beta of 0.94. Franklin FTSE Taiwan ETF has a fifty-two week low of $35.82 and a fifty-two week high of $74.74. The business has a 50-day moving average of $66.21 and a 200-day moving average of $61.48.

Institutional Trading of Franklin FTSE Taiwan ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in Franklin FTSE Taiwan ETF by 119.4% during the 1st quarter. Royal Bank of Canada now owns 16,339 shares of the company’s stock worth $707,000 after acquiring an additional 8,891 shares during the last quarter. Jane Street Group LLC lifted its position in shares of Franklin FTSE Taiwan ETF by 788.1% during the 1st quarter. Jane Street Group LLC now owns 159,012 shares of the company’s stock worth $6,874,000 after purchasing an additional 141,107 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Franklin FTSE Taiwan ETF by 101.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 69,467 shares of the company’s stock valued at $3,626,000 after purchasing an additional 34,905 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in Franklin FTSE Taiwan ETF during the 2nd quarter valued at approximately $140,000. Finally, Bare Financial Services Inc grew its holdings in Franklin FTSE Taiwan ETF by 690.1% in the 2nd quarter. Bare Financial Services Inc now owns 719 shares of the company’s stock valued at $38,000 after buying an additional 628 shares during the last quarter.

Franklin FTSE Taiwan ETF Company Profile

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.