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

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 314,786 shares, a growth of 83.4% from the February 12th total of 171,599 shares. Currently, 2.9% of the shares of the company are sold short. Based on an average trading volume of 626,307 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 626,307 shares, the days-to-cover ratio is currently 0.5 days. Currently, 2.9% of the shares of the company are sold short.

Institutional Investors Weigh In On Franklin FTSE Taiwan ETF

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. grew its position in Franklin FTSE Taiwan ETF by 261.4% during the third quarter. JPMorgan Chase & Co. now owns 251,060 shares of the company’s stock valued at $14,745,000 after buying an additional 181,593 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in Franklin FTSE Taiwan ETF in the second quarter worth about $140,000. Mirae Asset Global Investments Co. Ltd. raised its position in Franklin FTSE Taiwan ETF by 297.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,145 shares of the company’s stock worth $243,000 after acquiring an additional 3,103 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Franklin FTSE Taiwan ETF by 1,084.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,567 shares of the company’s stock valued at $291,000 after acquiring an additional 5,097 shares during the last quarter. Finally, Bare Financial Services Inc boosted its stake in Franklin FTSE Taiwan ETF by 690.1% in the second quarter. Bare Financial Services Inc now owns 719 shares of the company’s stock valued at $38,000 after acquiring an additional 628 shares during the last quarter.

Franklin FTSE Taiwan ETF Trading Down 3.2%

Shares of Franklin FTSE Taiwan ETF stock opened at $67.46 on Friday. The business’s fifty day simple moving average is $67.79 and its 200 day simple moving average is $62.27. Franklin FTSE Taiwan ETF has a 12 month low of $35.82 and a 12 month high of $74.74. The firm has a market capitalization of $735.31 million, a P/E ratio of 17.84 and a beta of 0.94.

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.