Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Update

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 8,485 shares, a growth of 151.3% from the January 29th total of 3,377 shares. Based on an average daily trading volume, of 42,258 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 42,258 shares, the short-interest ratio is presently 0.2 days.

Franklin Liberty Short Duration US Government ETF Price Performance

Shares of NYSEARCA FTSD opened at $91.13 on Friday. Franklin Liberty Short Duration US Government ETF has a fifty-two week low of $89.65 and a fifty-two week high of $93.40. The business has a 50-day simple moving average of $91.02 and a two-hundred day simple moving average of $90.98.

Franklin Liberty Short Duration US Government ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.3031 dividend. This is a boost from Franklin Liberty Short Duration US Government ETF’s previous monthly dividend of $0.29. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FTSD. Synergy Asset Management LLC lifted its position in Franklin Liberty Short Duration US Government ETF by 100.0% during the 3rd quarter. Synergy Asset Management LLC now owns 17,800 shares of the company’s stock worth $1,618,000 after acquiring an additional 8,900 shares during the period. D.A. Davidson & CO. purchased a new position in shares of Franklin Liberty Short Duration US Government ETF in the third quarter worth about $1,701,000. Atria Investments Inc raised its stake in shares of Franklin Liberty Short Duration US Government ETF by 13.8% in the second quarter. Atria Investments Inc now owns 6,793 shares of the company’s stock worth $617,000 after purchasing an additional 823 shares during the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of Franklin Liberty Short Duration US Government ETF during the second quarter worth about $217,000. Finally, Thrivent Financial for Lutherans purchased a new stake in Franklin Liberty Short Duration US Government ETF in the third quarter valued at approximately $6,984,000.

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.