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

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 18,641 shares, an increase of 176.8% from the May 31st total of 6,734 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 19,282 shares, the days-to-cover ratio is currently 1.0 days.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Koshinski Asset Management Inc. lifted its stake in Franklin Liberty Short Duration US Government ETF by 1.5% in the fourth quarter. Koshinski Asset Management Inc. now owns 11,788 shares of the company’s stock worth $1,073,000 after purchasing an additional 170 shares during the last quarter. Royal Bank of Canada grew its stake in shares of Franklin Liberty Short Duration US Government ETF by 1.4% during the first quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock valued at $1,483,000 after buying an additional 225 shares during the last quarter. World Investment Advisors grew its stake in shares of Franklin Liberty Short Duration US Government ETF by 7.3% during the fourth quarter. World Investment Advisors now owns 3,578 shares of the company’s stock valued at $326,000 after buying an additional 244 shares during the last quarter. D.A. Davidson & CO. grew its stake in shares of Franklin Liberty Short Duration US Government ETF by 1.9% during the first quarter. D.A. Davidson & CO. now owns 18,947 shares of the company’s stock valued at $1,720,000 after buying an additional 349 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of Franklin Liberty Short Duration US Government ETF by 3.8% in the fourth quarter. Osaic Holdings Inc. now owns 10,221 shares of the company’s stock worth $930,000 after buying an additional 375 shares during the period.

Franklin Liberty Short Duration US Government ETF Stock Up 0.2%

NYSEARCA FTSD traded up $0.17 on Friday, reaching $90.50. 55,116 shares of the company’s stock traded hands, compared to its average volume of 25,365. Franklin Liberty Short Duration US Government ETF has a 12 month low of $89.65 and a 12 month high of $91.51. The stock has a 50-day simple moving average of $90.40 and a 200 day simple moving average of $90.72.

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.