Franklin FTSE Germany ETF (NYSEARCA:FLGR – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 330 shares, a drop of 52.7% from the August 31st total of 697 shares. Based on an average trading volume of 1,865 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.
Institutional Investors Weigh In On Franklin FTSE Germany ETF
Several institutional investors and hedge funds have recently bought and sold shares of FLGR. Marotta Asset Management grew its position in shares of Franklin FTSE Germany ETF by 4.2% in the 1st quarter. Marotta Asset Management now owns 227,190 shares of the company’s stock worth $7,216,000 after buying an additional 9,227 shares during the last quarter. Bank of America Corp DE lifted its stake in Franklin FTSE Germany ETF by 29.8% in the first quarter. Bank of America Corp DE now owns 63,848 shares of the company’s stock worth $1,997,000 after acquiring an additional 14,660 shares during the period. Finally, Citadel Advisors LLC purchased a new stake in Franklin FTSE Germany ETF in the second quarter worth $391,000.
Franklin FTSE Germany ETF Stock Down 0.5%
Shares of NYSEARCA:FLGR traded down $0.16 during midday trading on Tuesday, hitting $32.58. 2,064 shares of the stock traded hands, compared to its average volume of 7,443. The business’s 50 day moving average is $33.60 and its two-hundred day moving average is $33.05. The stock has a market capitalization of $37.47 million, a PE ratio of 17.93 and a beta of 0.96. Franklin FTSE Germany ETF has a one year low of $29.96 and a one year high of $35.18.
About Franklin FTSE Germany ETF
The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.
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