Franklin High Yield Corporate ETF (BATS:FLHY) Stock Short Interest Report for October

Franklin High Yield Corporate ETF (BATS:FLHY) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 3,316 shares, a decline of 95.0% from the September 30th total of 66,610 shares. Based on an average daily volume of 337,746 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Franklin High Yield Corporate ETF Stock Performance

Shares of BATS:FLHY opened at $23.57 on Wednesday. The business has a 50 day moving average price of $23.73 and a 200 day moving average price of $24.15. Franklin High Yield Corporate ETF has a twelve month low of $23.14 and a twelve month high of $24.63.

Institutional Investors Weigh In On Franklin High Yield Corporate ETF

Several hedge funds have recently modified their holdings of the business. Citizens Financial Group Inc. RI acquired a new stake in shares of Franklin High Yield Corporate ETF in the third quarter worth $1,024,000. Fifth Third Securities Inc. bought a new position in Franklin High Yield Corporate ETF during the third quarter worth $472,000. Prentice Wealth Management LLC raised its stake in Franklin High Yield Corporate ETF by 5.1% during the 3rd quarter. Prentice Wealth Management LLC now owns 1,131,765 shares of the company’s stock valued at $26,489,000 after purchasing an additional 54,575 shares during the last quarter. Sprinkle Financial Consultants LLC bought a new stake in Franklin High Yield Corporate ETF in the 3rd quarter valued at $461,000. Finally, Envestnet Asset Management Inc. boosted its holdings in Franklin High Yield Corporate ETF by 155.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 362,056 shares of the company’s stock valued at $8,794,000 after purchasing an additional 220,256 shares during the period.

About Franklin High Yield Corporate ETF

The Franklin High Yield Corporate ETF (FLHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed portfolio of global high-yield corporate debt. The fund seeks high current income, with capital appreciation as a secondary goal. FLHY was launched on May 30, 2018 and is managed by Franklin Templeton.