Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Sees Large Decline in Short Interest

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 2,576 shares, a decline of 70.3% from the August 31st total of 8,687 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 37,224 shares, the short-interest ratio is currently 0.1 days.

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

A number of large investors have recently bought and sold shares of FTSD. Continuum Advisory LLC acquired a new stake in shares of Franklin Liberty Short Duration US Government ETF in the 2nd quarter valued at approximately $29,000. World Investment Advisors raised its position in 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 worth $326,000 after acquiring an additional 244 shares in the last quarter. Kestra Advisory Services LLC raised its position in Franklin Liberty Short Duration US Government ETF by 75.5% during the first quarter. Kestra Advisory Services LLC now owns 4,806 shares of the company’s stock worth $436,000 after acquiring an additional 2,067 shares in the last quarter. Asset Allocation Strategies LLC acquired a new stake in Franklin Liberty Short Duration US Government ETF in the first quarter valued at $439,000. Finally, Janney Montgomery Scott LLC lifted its stake in Franklin Liberty Short Duration US Government ETF by 74.5% in the first quarter. Janney Montgomery Scott LLC now owns 6,208 shares of the company’s stock valued at $564,000 after acquiring an additional 2,651 shares during the last quarter.

Franklin Liberty Short Duration US Government ETF Stock Up 0.1%

Shares of Franklin Liberty Short Duration US Government ETF stock traded up $0.13 on Friday, hitting $89.08. The company had a trading volume of 17,852 shares, compared to its average volume of 27,163. Franklin Liberty Short Duration US Government ETF has a twelve month low of $88.91 and a twelve month high of $91.51. The stock has a 50-day moving average of $89.85 and a 200-day moving average of $90.23.

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.