Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Update

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 2,003 shares, a growth of 348.1% from the June 30th total of 447 shares. Based on an average trading volume of 3,423 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Franklin FTSE Germany ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE raised its stake in Franklin FTSE Germany ETF by 29.8% during the 1st quarter. Bank of America Corp DE now owns 63,848 shares of the company’s stock worth $1,997,000 after buying an additional 14,660 shares during the period. Marotta Asset Management grew its stake in Franklin FTSE Germany ETF by 4.2% in the first quarter. Marotta Asset Management now owns 227,190 shares of the company’s stock valued at $7,216,000 after acquiring an additional 9,227 shares during the period. Jane Street Group LLC grew its stake in Franklin FTSE Germany ETF by 10.0% in the fourth quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock valued at $483,000 after acquiring an additional 1,313 shares during the period. Flow Traders U.S. LLC acquired a new position in Franklin FTSE Germany ETF in the third quarter valued at about $2,022,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Franklin FTSE Germany ETF in the second quarter worth about $793,000.

Franklin FTSE Germany ETF Stock Performance

Shares of NYSEARCA:FLGR opened at $32.13 on Friday. Franklin FTSE Germany ETF has a 52 week low of $29.96 and a 52 week high of $35.18. The company has a market capitalization of $36.95 million, a PE ratio of 17.93 and a beta of 0.96. The company has a 50 day moving average price of $33.03 and a two-hundred day moving average price of $33.22.

Franklin FTSE Germany ETF Company Profile

The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.