Franklin FTSE Japan ETF (NYSEARCA:FLJP) Short Interest Update

Franklin FTSE Japan ETF (NYSEARCA:FLJP) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 409,992 shares, an increase of 112.6% from the June 15th total of 192,809 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 957,530 shares, the short-interest ratio is currently 0.4 days.

Franklin FTSE Japan ETF Stock Performance

Shares of FLJP traded down $0.13 during mid-day trading on Wednesday, reaching $39.95. 580,596 shares of the company were exchanged, compared to its average volume of 1,296,074. The business has a 50 day simple moving average of $39.68 and a two-hundred day simple moving average of $37.95. The stock has a market capitalization of $3.93 billion, a PE ratio of 14.28 and a beta of 0.65. Franklin FTSE Japan ETF has a 52 week low of $30.77 and a 52 week high of $41.53.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Franklin FTSE Japan ETF in the 4th quarter valued at $25,000. Sunbelt Securities Inc. raised its stake in Franklin FTSE Japan ETF by 475.0% during the third quarter. Sunbelt Securities Inc. now owns 1,150 shares of the company’s stock worth $40,000 after buying an additional 950 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Franklin FTSE Japan ETF during the fourth quarter worth $41,000. Flagship Harbor Advisors LLC acquired a new position in Franklin FTSE Japan ETF in the fourth quarter valued at $59,000. Finally, Farther Finance Advisors LLC lifted its holdings in Franklin FTSE Japan ETF by 40.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,806 shares of the company’s stock valued at $62,000 after buying an additional 522 shares during the period.

About Franklin FTSE Japan ETF

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.