Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Short Interest Update

Franklin FTSE South Korea ETF (NYSEARCA:FLKR) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 179,099 shares, a growth of 134.9% from the November 30th total of 76,229 shares. Based on an average trading volume of 85,923 shares, the short-interest ratio is currently 2.1 days. Approximately 2.4% of the company’s stock are short sold. Approximately 2.4% of the company’s stock are short sold. Based on an average trading volume of 85,923 shares, the short-interest ratio is currently 2.1 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FLKR. Vident Advisory LLC bought a new stake in Franklin FTSE South Korea ETF in the first quarter worth $309,000. OLD Mission Capital LLC grew its position in Franklin FTSE South Korea ETF by 42.1% during the 1st quarter. OLD Mission Capital LLC now owns 113,180 shares of the company’s stock valued at $2,076,000 after purchasing an additional 33,509 shares during the last quarter. Jane Street Group LLC bought a new stake in Franklin FTSE South Korea ETF during the 1st quarter valued at about $366,000. Marotta Asset Management raised its holdings in Franklin FTSE South Korea ETF by 48.2% in the second quarter. Marotta Asset Management now owns 172,783 shares of the company’s stock worth $4,223,000 after buying an additional 56,161 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Franklin FTSE South Korea ETF in the second quarter worth about $251,000.

Franklin FTSE South Korea ETF Stock Up 1.0%

Shares of NYSEARCA FLKR traded up $0.32 on Friday, reaching $31.49. 94,162 shares of the company’s stock traded hands, compared to its average volume of 68,597. The business’s 50 day simple moving average is $31.03 and its two-hundred day simple moving average is $27.35. Franklin FTSE South Korea ETF has a 12 month low of $16.54 and a 12 month high of $33.73. The company has a market cap of $239.32 million, a price-to-earnings ratio of 10.49 and a beta of 1.23.

About Franklin FTSE South Korea ETF

The Franklin FTSE South Korea ETF (FLKR) is an exchange-traded fund that is based on the FTSE South Korea RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap South Korean companies. FLKR was launched on Nov 2, 2017 and is managed by Franklin Templeton.