Short Interest in Franklin Senior Loan ETF (BATS:FLBL) Decreases By 61.0%

Franklin Senior Loan ETF (BATS:FLBL) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 283,568 shares, a drop of 61.0% from the July 30th total of 727,361 shares. Based on an average trading volume of 124,197 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.6% of the shares of the company are short sold.

Franklin Senior Loan ETF Stock Up 0.0%

BATS FLBL opened at $23.16 on Friday. Franklin Senior Loan ETF has a 52 week low of $22.57 and a 52 week high of $24.22. The firm’s 50-day simple moving average is $22.98 and its two-hundred day simple moving average is $22.98.

Institutional Trading of Franklin Senior Loan ETF

Institutional investors have recently modified their holdings of the business. Fifth Third Bancorp purchased a new position in Franklin Senior Loan ETF in the 1st quarter valued at approximately $32,000. Geneos Wealth Management Inc. raised its holdings in Franklin Senior Loan ETF by 218.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,550 shares of the company’s stock valued at $61,000 after acquiring an additional 1,750 shares during the period. Rockefeller Capital Management L.P. raised its holdings in Franklin Senior Loan ETF by 690.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,493 shares of the company’s stock valued at $82,000 after acquiring an additional 3,051 shares during the period. Greenline Wealth Management LLC purchased a new stake in shares of Franklin Senior Loan ETF during the fourth quarter worth $171,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Franklin Senior Loan ETF during the fourth quarter worth $178,000.

About Franklin Senior Loan ETF

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.