Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Short Interest Update

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 111,509 shares, a growth of 392.4% from the May 31st total of 22,646 shares. Based on an average trading volume of 53,405 shares, the short-interest ratio is currently 2.1 days. Currently, 0.2% of the company’s shares are sold short.

Franklin U.S. Treasury Bond ETF Stock Performance

NYSEARCA:FLGV traded up $0.02 on Friday, reaching $20.35. 31,934 shares of the stock traded hands, compared to its average volume of 142,452. Franklin U.S. Treasury Bond ETF has a 1-year low of $19.96 and a 1-year high of $21.30. The company’s 50 day moving average is $20.26 and its 200-day moving average is $20.44.

Institutional Trading of Franklin U.S. Treasury Bond ETF

A number of institutional investors have recently bought and sold shares of FLGV. Bank of America Corp DE raised its position in shares of Franklin U.S. Treasury Bond ETF by 1.9% in the 1st quarter. Bank of America Corp DE now owns 5,622,894 shares of the company’s stock worth $114,876,000 after acquiring an additional 107,211 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Franklin U.S. Treasury Bond ETF by 2.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 2,179,614 shares of the company’s stock worth $44,726,000 after purchasing an additional 61,654 shares during the period. Osaic Holdings Inc. increased its holdings in Franklin U.S. Treasury Bond ETF by 3.0% in the fourth quarter. Osaic Holdings Inc. now owns 2,055,607 shares of the company’s stock worth $42,181,000 after purchasing an additional 60,028 shares in the last quarter. Flaharty Asset Management LLC increased its holdings in Franklin U.S. Treasury Bond ETF by 2.9% in the fourth quarter. Flaharty Asset Management LLC now owns 1,376,870 shares of the company’s stock worth $28,253,000 after purchasing an additional 38,700 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in Franklin U.S. Treasury Bond ETF by 25.2% in the fourth quarter. LPL Financial LLC now owns 643,340 shares of the company’s stock valued at $13,201,000 after buying an additional 129,546 shares during the period.

About Franklin U.S. Treasury Bond ETF

The Franklin U.S. Treasury Bond ETF (FLGV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in US Treasurys with remaining maturities of 1 30 years. FLGV was launched on Jun 9, 2020 and is managed by Franklin Templeton.