Franklin Senior Loan ETF (BATS:FLBL) Stock Short Interest Drops 51.1%

Franklin Senior Loan ETF (BATS:FLBL) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 191,806 shares, a decline of 51.1% from the August 31st total of 392,251 shares. Based on an average daily volume of 331,263 shares, the short-interest ratio is currently 0.6 days. Approximately 0.4% of the shares of the stock are sold short.

Franklin Senior Loan ETF Trading Down 0.2%

Shares of FLBL opened at $22.97 on Tuesday. Franklin Senior Loan ETF has a 52-week low of $22.57 and a 52-week high of $24.07. The business’s fifty day moving average is $23.05 and its 200-day moving average is $22.99.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FLBL. Fifth Third Bancorp bought a new stake in Franklin Senior Loan ETF during the 1st quarter worth approximately $32,000. Rockefeller Capital Management L.P. increased its stake in shares of Franklin Senior Loan ETF by 690.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,493 shares of the company’s stock valued at $82,000 after buying an additional 3,051 shares during the period. Keeler Thomas Management LLC acquired a new stake in shares of Franklin Senior Loan ETF in the second quarter valued at about $220,000. Tactive Advisors LLC raised its position in shares of Franklin Senior Loan ETF by 27.2% during the first quarter. Tactive Advisors LLC now owns 12,476 shares of the company’s stock worth $287,000 after acquiring an additional 2,670 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in shares of Franklin Senior Loan ETF by 10.0% during the second quarter. Wealthcare Advisory Partners LLC now owns 19,028 shares of the company’s stock worth $436,000 after acquiring an additional 1,726 shares during the last quarter.

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.