Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) Short Interest Update

Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 14,198 shares, a decrease of 18.4% from the January 15th total of 17,410 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 75,534 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 75,534 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Franklin Ultra Short Bond ETF Stock Performance

Franklin Ultra Short Bond ETF stock traded up $0.02 during mid-day trading on Monday, reaching $25.05. 26,513 shares of the company’s stock were exchanged, compared to its average volume of 82,447. The business’s fifty day simple moving average is $25.02 and its 200 day simple moving average is $25.03. Franklin Ultra Short Bond ETF has a one year low of $24.46 and a one year high of $26.70.

Franklin Ultra Short Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.0754 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.6%.

Institutional Trading of Franklin Ultra Short Bond ETF

Several hedge funds have recently made changes to their positions in the company. Royal Bank of Canada purchased a new position in Franklin Ultra Short Bond ETF in the 1st quarter valued at approximately $973,000. Franklin Resources Inc. boosted its position in shares of Franklin Ultra Short Bond ETF by 49.9% in the second quarter. Franklin Resources Inc. now owns 5,671,900 shares of the company’s stock valued at $142,024,000 after acquiring an additional 1,889,100 shares during the period. Jane Street Group LLC grew its position in shares of Franklin Ultra Short Bond ETF by 105.6% during the 2nd quarter. Jane Street Group LLC now owns 32,176 shares of the company’s stock valued at $806,000 after purchasing an additional 16,529 shares in the last quarter. Citadel Advisors LLC increased its holdings in shares of Franklin Ultra Short Bond ETF by 40.7% in the third quarter. Citadel Advisors LLC now owns 32,825 shares of the company’s stock worth $824,000 after purchasing an additional 9,491 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in Franklin Ultra Short Bond ETF during the fourth quarter valued at $893,000.

Franklin Ultra Short Bond ETF Company Profile

The Franklin Ultra Short Bond ETF (FLUD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of broad investment-grade, ultra-short term bonds. FLUD was launched on Jul 14, 2020 and is managed by Franklin Templeton.