Short Interest in Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Expands By 105.7%

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 38,339 shares, a growth of 105.7% from the June 15th total of 18,641 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average trading volume of 18,875 shares, the short-interest ratio is currently 2.0 days.

Franklin Liberty Short Duration US Government ETF Trading Up 0.1%

NYSEARCA:FTSD traded up $0.08 during mid-day trading on Wednesday, hitting $90.22. The company had a trading volume of 12,931 shares, compared to its average volume of 26,917. Franklin Liberty Short Duration US Government ETF has a 1 year low of $89.57 and a 1 year high of $91.51. The business has a fifty day simple moving average of $90.27 and a 200-day simple moving average of $90.65.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FTSD. Koshinski Asset Management Inc. lifted its position 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 valued at $1,073,000 after acquiring an additional 170 shares during the last quarter. Royal Bank of Canada grew its holdings in 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 worth $1,483,000 after acquiring an additional 225 shares during the period. World Investment Advisors boosted its stake in shares of Franklin Liberty Short Duration US Government ETF by 7.3% during the 4th quarter. World Investment Advisors now owns 3,578 shares of the company’s stock worth $303,000 after acquiring an additional 244 shares in the last quarter. D.A. Davidson & CO. boosted its position in shares of Franklin Liberty Short Duration US Government ETF by 1.9% in the 1st quarter. D.A. Davidson & CO. now owns 18,947 shares of the company’s stock worth $1,720,000 after buying an additional 349 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position 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 valued at $930,000 after purchasing an additional 375 shares during the last quarter.

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.