Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Update

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 1,334 shares, a decrease of 63.3% from the February 26th total of 3,638 shares. Based on an average daily trading volume, of 6,532 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 6,532 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Franklin FTSE Germany ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in shares of Franklin FTSE Germany ETF during the second quarter worth about $793,000. Marotta Asset Management lifted its stake in Franklin FTSE Germany ETF by 2.5% in the 3rd quarter. Marotta Asset Management now owns 200,165 shares of the company’s stock valued at $6,667,000 after acquiring an additional 4,910 shares in the last quarter. Bank of America Corp DE lifted its stake in Franklin FTSE Germany ETF by 8.1% in the 3rd quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock valued at $1,475,000 after acquiring an additional 3,370 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in Franklin FTSE Germany ETF during the 3rd quarter worth approximately $2,022,000. Finally, Jane Street Group LLC boosted its position in Franklin FTSE Germany ETF by 10.0% during the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock worth $483,000 after acquiring an additional 1,313 shares during the last quarter.

Franklin FTSE Germany ETF Trading Down 0.7%

Shares of Franklin FTSE Germany ETF stock opened at $30.75 on Wednesday. Franklin FTSE Germany ETF has a 12 month low of $25.87 and a 12 month high of $35.18. The stock’s fifty day simple moving average is $33.65 and its 200 day simple moving average is $33.12. The company has a market capitalization of $39.98 million, a PE ratio of 17.93 and a beta of 1.04.

Franklin FTSE Germany ETF Company Profile

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.