Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 87,593 shares, an increase of 190.0% from the August 15th total of 30,206 shares. Based on an average daily volume of 142,328 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the company’s shares are sold short.
Institutional Trading of Franklin Pennsylvania Municipal Income ETF
A hedge fund recently bought a new stake in Franklin Pennsylvania Municipal Income ETF stock. Continuum Advisory LLC bought a new position in Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,867 shares of the company’s stock, valued at approximately $51,000. Continuum Advisory LLC owned approximately 0.06% of Franklin Pennsylvania Municipal Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 65.72% of the company’s stock.
Franklin Pennsylvania Municipal Income ETF Price Performance
Shares of Franklin Pennsylvania Municipal Income ETF stock opened at $8.32 on Friday. Franklin Pennsylvania Municipal Income ETF has a 12-month low of $8.29 and a 12-month high of $8.81. The company’s fifty day simple moving average is $8.57 and its two-hundred day simple moving average is $8.64.
About Franklin Pennsylvania Municipal Income ETF
FTAC Parnassus Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify technology and financial services technology companies. The company was formerly known as FTAC General Acquisition Corp. FTAC Parnassus Acquisition Corp. was incorporated in 2020 and is based in Philadelphia, Pennsylvania.
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