Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) Short Interest Down 84.4% in April

Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 531 shares, a decline of 84.4% from the April 15th total of 3,398 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 18,051 shares, the short-interest ratio is presently 0.0 days.

Franklin Municipal Green Bond ETF Stock Down 0.1%

Franklin Municipal Green Bond ETF stock traded down $0.03 during mid-day trading on Tuesday, reaching $23.87. The company’s stock had a trading volume of 4,784 shares, compared to its average volume of 17,633. Franklin Municipal Green Bond ETF has a 12 month low of $22.60 and a 12 month high of $24.29. The business’s 50 day simple moving average is $23.84 and its 200 day simple moving average is $23.87.

Institutional Trading of Franklin Municipal Green Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kestra Advisory Services LLC acquired a new position in Franklin Municipal Green Bond ETF during the fourth quarter valued at approximately $63,000. Flagship Harbor Advisors LLC acquired a new position in shares of Franklin Municipal Green Bond ETF during the 4th quarter worth approximately $79,000. Raymond James Financial Inc. bought a new stake in shares of Franklin Municipal Green Bond ETF during the 2nd quarter worth approximately $115,000. PNC Financial Services Group Inc. grew its stake in shares of Franklin Municipal Green Bond ETF by 1,701.0% in the first quarter. PNC Financial Services Group Inc. now owns 5,295 shares of the company’s stock valued at $125,000 after buying an additional 5,001 shares in the last quarter. Finally, Allworth Financial LP acquired a new position in Franklin Municipal Green Bond ETF during the third quarter worth $163,000.

Franklin Municipal Green Bond ETF Company Profile

The Franklin Municipal Green Bond ETF (FLMB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with a broad range in maturities, that intend to finance projects promoting environmental sustainability. FLMB was launched on Aug 31, 2017 and is managed by Franklin Templeton.