Franklin International Aggregate Bond ETF (BATS:FLIA) Sees Significant Decline in Short Interest

Franklin International Aggregate Bond ETF (BATS:FLIA) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 17,707 shares, a drop of 70.0% from the July 15th total of 59,046 shares. Based on an average daily volume of 100,604 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Franklin International Aggregate Bond ETF Stock Down 0.1%

FLIA stock opened at $20.30 on Friday. Franklin International Aggregate Bond ETF has a one year low of $20.12 and a one year high of $20.77. The company has a fifty day moving average price of $20.38 and a two-hundred day moving average price of $20.35.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLIA. JPMorgan Chase & Co. boosted its holdings in Franklin International Aggregate Bond ETF by 57.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,633 shares of the company’s stock valued at $95,000 after purchasing an additional 1,694 shares during the period. Royal Bank of Canada increased its holdings in shares of Franklin International Aggregate Bond ETF by 116.2% during the fourth quarter. Royal Bank of Canada now owns 9,208 shares of the company’s stock worth $186,000 after purchasing an additional 4,948 shares during the period. Wealth Enhancement Trust Services Inc. acquired a new stake in shares of Franklin International Aggregate Bond ETF in the fourth quarter valued at approximately $198,000. Raymond James Financial Inc. acquired a new stake in shares of Franklin International Aggregate Bond ETF in the second quarter valued at approximately $260,000. Finally, Brooklyn Investment Group boosted its stake in shares of Franklin International Aggregate Bond ETF by 222.8% in the third quarter. Brooklyn Investment Group now owns 19,629 shares of the company’s stock valued at $403,000 after buying an additional 13,548 shares during the period.

Franklin International Aggregate Bond ETF Company Profile

The Franklin International Aggregate Bond ETF (FLIA) is an exchange-traded fund that is based on the Bloomberg Global Aggregate ex-USD index. The fund is an actively managed fund that invests in government, agency, and corporate debt outside of the United States. FLIA was launched on May 30, 2018 and is managed by Franklin Templeton.