Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Update

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 2,454 shares, a drop of 67.2% from the April 30th total of 7,485 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 17,908 shares, the short-interest ratio is currently 0.1 days.

Franklin Liberty Short Duration US Government ETF Stock Down 0.0%

Franklin Liberty Short Duration US Government ETF stock traded down $0.04 during trading hours on Friday, hitting $90.51. 19,950 shares of the company traded hands, compared to its average volume of 26,600. The firm’s 50-day simple moving average is $90.53 and its two-hundred day simple moving average is $90.82. Franklin Liberty Short Duration US Government ETF has a 1-year low of $89.65 and a 1-year high of $91.51.

Hedge Funds Weigh In On Franklin Liberty Short Duration US Government ETF

Large investors have recently made changes to their positions in the business. Ameriflex Group Inc. bought a new position in shares of Franklin Liberty Short Duration US Government ETF during the 3rd quarter valued at about $180,000. StoneX Group Inc. bought a new position in shares of Franklin Liberty Short Duration US Government ETF during the 4th quarter valued at about $224,000. Kestra Advisory Services LLC boosted its position in shares of Franklin Liberty Short Duration US Government ETF by 21.7% during the 4th quarter. Kestra Advisory Services LLC now owns 2,739 shares of the company’s stock valued at $249,000 after purchasing an additional 488 shares in the last quarter. IFP Advisors Inc bought a new position in shares of Franklin Liberty Short Duration US Government ETF during the 3rd quarter valued at about $288,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of Franklin Liberty Short Duration US Government ETF during the 4th quarter valued at about $324,000.

Franklin Liberty Short Duration US Government ETF Company Profile

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.