Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Short Interest Up 74.1% in December

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 65,054 shares, an increase of 74.1% from the December 15th total of 37,356 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 114,389 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 114,389 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.7% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Jane Street Group LLC grew its position in shares of Franklin FTSE Taiwan ETF by 132.2% during the 2nd quarter. Jane Street Group LLC now owns 369,257 shares of the company’s stock worth $19,272,000 after buying an additional 210,245 shares during the period. JPMorgan Chase & Co. boosted its stake in Franklin FTSE Taiwan ETF by 261.4% in the third quarter. JPMorgan Chase & Co. now owns 251,060 shares of the company’s stock valued at $14,745,000 after acquiring an additional 181,593 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in Franklin FTSE Taiwan ETF by 323.4% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 173,898 shares of the company’s stock worth $9,076,000 after acquiring an additional 132,829 shares during the period. Susquehanna International Group LLP acquired a new stake in Franklin FTSE Taiwan ETF during the 3rd quarter worth $5,194,000. Finally, Bank of Nova Scotia raised its position in shares of Franklin FTSE Taiwan ETF by 52.3% during the 3rd quarter. Bank of Nova Scotia now owns 51,830 shares of the company’s stock valued at $3,044,000 after acquiring an additional 17,800 shares during the last quarter.

Franklin FTSE Taiwan ETF Trading Up 1.1%

Shares of FLTW traded up $0.72 during trading hours on Thursday, hitting $64.84. 1,174,736 shares of the stock traded hands, compared to its average volume of 316,814. The business has a fifty day moving average of $60.72 and a 200-day moving average of $58.16. The firm has a market capitalization of $680.82 million, a PE ratio of 17.84 and a beta of 0.94. Franklin FTSE Taiwan ETF has a 1-year low of $35.82 and a 1-year high of $65.30.

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.