Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) Short Interest Update

Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 259 shares, a drop of 48.6% from the August 15th total of 504 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,932 shares, the short-interest ratio is presently 0.1 days.

Franklin U.S. Small Cap Multifactor Index ETF Stock Down 0.8%

Shares of FLQS stock traded down $0.39 during trading hours on Tuesday, reaching $48.20. 1,847 shares of the stock traded hands, compared to its average volume of 6,503. Franklin U.S. Small Cap Multifactor Index ETF has a 1-year low of $40.76 and a 1-year high of $50.86. The business has a fifty day moving average price of $49.56 and a 200 day moving average price of $46.85. The firm has a market capitalization of $55.43 million, a PE ratio of 16.41 and a beta of 0.99.

Institutional Trading of Franklin U.S. Small Cap Multifactor Index ETF

Large investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC purchased a new position in shares of Franklin U.S. Small Cap Multifactor Index ETF during the second quarter valued at $74,000. IFP Advisors Inc lifted its stake in Franklin U.S. Small Cap Multifactor Index ETF by 8.7% in the 4th quarter. IFP Advisors Inc now owns 3,496 shares of the company’s stock worth $151,000 after acquiring an additional 279 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Franklin U.S. Small Cap Multifactor Index ETF by 19.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 8,826 shares of the company’s stock worth $377,000 after acquiring an additional 1,463 shares in the last quarter. Capital Analysts LLC boosted its position in Franklin U.S. Small Cap Multifactor Index ETF by 3.6% during the 2nd quarter. Capital Analysts LLC now owns 8,955 shares of the company’s stock worth $437,000 after acquiring an additional 314 shares during the period. Finally, Focus Financial Network Inc. boosted its position in Franklin U.S. Small Cap Multifactor Index ETF by 5.5% during the 2nd quarter. Focus Financial Network Inc. now owns 9,423 shares of the company’s stock worth $461,000 after acquiring an additional 490 shares during the period.

About Franklin U.S. Small Cap Multifactor Index ETF

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.