Franklin FTSE Mexico ETF (NYSEARCA:FLMX) Short Interest Update

Franklin FTSE Mexico ETF (NYSEARCA:FLMX) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 16,822 shares, an increase of 189.8% from the July 30th total of 5,805 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 10,528 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. boosted its holdings in Franklin FTSE Mexico ETF by 7.6% in the fourth quarter. Osaic Holdings Inc. now owns 8,854 shares of the company’s stock valued at $300,000 after purchasing an additional 626 shares during the last quarter. Comprehensive Money Management Services LLC increased its holdings in Franklin FTSE Mexico ETF by 9.4% during the 1st quarter. Comprehensive Money Management Services LLC now owns 8,180 shares of the company’s stock worth $300,000 after purchasing an additional 700 shares during the last quarter. Kaizen Financial Strategies increased its holdings in Franklin FTSE Mexico ETF by 9.2% during the 1st quarter. Kaizen Financial Strategies now owns 9,163 shares of the company’s stock worth $352,000 after purchasing an additional 769 shares during the last quarter. PCG Wealth Advisors LLC raised its position in shares of Franklin FTSE Mexico ETF by 1.1% in the 2nd quarter. PCG Wealth Advisors LLC now owns 101,810 shares of the company’s stock valued at $3,728,000 after purchasing an additional 1,120 shares in the last quarter. Finally, HBW Advisory Services LLC raised its position in shares of Franklin FTSE Mexico ETF by 41.8% in the 1st quarter. HBW Advisory Services LLC now owns 15,492 shares of the company’s stock valued at $569,000 after purchasing an additional 4,565 shares in the last quarter.

Franklin FTSE Mexico ETF Price Performance

Franklin FTSE Mexico ETF stock traded down $0.29 during midday trading on Friday, hitting $37.07. 2,288 shares of the stock were exchanged, compared to its average volume of 20,288. Franklin FTSE Mexico ETF has a 1 year low of $30.02 and a 1 year high of $40.03. The firm has a market cap of $85.26 million, a P/E ratio of 12.95 and a beta of 0.77. The company has a 50 day moving average price of $36.97 and a two-hundred day moving average price of $37.54.

Franklin FTSE Mexico ETF Company Profile

The Franklin FTSE Mexico ETF (FLMX) is an exchange-traded fund that is based on the FTSE Mexico RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Mexican equities. FLMX was launched on Nov 3, 2017 and is managed by Franklin Templeton.