Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Update

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 7,485 shares, a decrease of 35.2% from the April 15th total of 11,548 shares. Based on an average trading volume of 21,118 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

Franklin Liberty Short Duration US Government ETF Price Performance

Shares of NYSEARCA FTSD traded up $0.01 during mid-day trading on Monday, hitting $90.22. The stock had a trading volume of 8,719 shares, compared to its average volume of 27,484. The company has a 50 day moving average of $90.62 and a two-hundred day moving average of $90.86. Franklin Liberty Short Duration US Government ETF has a twelve month low of $89.65 and a twelve month high of $91.51.

Hedge Funds Weigh In On Franklin Liberty Short Duration US Government ETF

Several hedge funds have recently made changes to their positions in FTSD. Ameriflex Group Inc. acquired a new position in shares of Franklin Liberty Short Duration US Government ETF in the 3rd quarter valued at $180,000. StoneX Group Inc. acquired a new position in shares of Franklin Liberty Short Duration US Government ETF in the 4th quarter valued at $224,000. Kestra Advisory Services LLC increased its position in shares of Franklin Liberty Short Duration US Government ETF by 21.7% in the 4th quarter. Kestra Advisory Services LLC now owns 2,739 shares of the company’s stock valued at $249,000 after acquiring an additional 488 shares during the period. IFP Advisors Inc acquired a new position in shares of Franklin Liberty Short Duration US Government ETF in the 3rd quarter valued at $288,000. Finally, World Investment Advisors increased its position in shares of Franklin Liberty Short Duration US Government ETF by 7.3% in the 4th quarter. World Investment Advisors now owns 3,578 shares of the company’s stock valued at $303,000 after acquiring an additional 244 shares during the period.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.