Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Short Interest Update

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 17,127 shares, a drop of 20.1% from the January 15th total of 21,434 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average trading volume of 63,049 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 63,049 shares, the short-interest ratio is presently 0.3 days. Approximately 0.6% of the company’s shares are short sold.

Hedge Funds Weigh In On Franklin FTSE Japan Hedged ETF

A number of hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new stake in shares of Franklin FTSE Japan Hedged ETF in the fourth quarter valued at approximately $32,000. Dunhill Financial LLC acquired a new position in Franklin FTSE Japan Hedged ETF during the 4th quarter worth approximately $33,000. National Bank of Canada FI boosted its holdings in Franklin FTSE Japan Hedged ETF by 15.7% during the third quarter. National Bank of Canada FI now owns 5,486 shares of the company’s stock worth $197,000 after purchasing an additional 743 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in Franklin FTSE Japan Hedged ETF during the fourth quarter worth about $305,000. Finally, Wells Fargo & Company MN increased its holdings in Franklin FTSE Japan Hedged ETF by 3,942.2% during the fourth quarter. Wells Fargo & Company MN now owns 13,703 shares of the company’s stock worth $516,000 after buying an additional 13,364 shares during the last quarter.

Franklin FTSE Japan Hedged ETF Price Performance

Shares of FLJH opened at $42.79 on Friday. Franklin FTSE Japan Hedged ETF has a fifty-two week low of $26.01 and a fifty-two week high of $43.00. The company has a market capitalization of $132.65 million, a price-to-earnings ratio of 14.42 and a beta of 0.37. The business’s 50-day moving average is $39.49 and its 200-day moving average is $37.78.

Franklin FTSE Japan Hedged ETF Company Profile

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.