Franklin FTSE Australia ETF (NYSEARCA:FLAU) Short Interest Update

Franklin FTSE Australia ETF (NYSEARCA:FLAU) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 1,156 shares, a decrease of 88.8% from the May 14th total of 10,350 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 13,678 shares, the days-to-cover ratio is currently 0.1 days.

Franklin FTSE Australia ETF Stock Performance

Shares of Franklin FTSE Australia ETF stock traded up $0.93 during trading on Thursday, reaching $34.67. The company had a trading volume of 2,177 shares, compared to its average volume of 17,985. The company has a market cap of $93.61 million, a price-to-earnings ratio of 20.41 and a beta of 0.98. The firm’s fifty day moving average is $34.64 and its 200-day moving average is $33.51. Franklin FTSE Australia ETF has a fifty-two week low of $29.99 and a fifty-two week high of $39.87.

Institutional Investors Weigh In On Franklin FTSE Australia ETF

A number of institutional investors have recently modified their holdings of FLAU. Goldman Sachs Group Inc. bought a new stake in shares of Franklin FTSE Australia ETF during the 1st quarter valued at about $668,000. Jane Street Group LLC grew its position in shares of Franklin FTSE Australia ETF by 10.5% during the 1st quarter. Jane Street Group LLC now owns 11,480 shares of the company’s stock valued at $317,000 after buying an additional 1,094 shares during the last quarter. Bank of America Corp DE grew its position in shares of Franklin FTSE Australia ETF by 8,880.4% during the 2nd quarter. Bank of America Corp DE now owns 20,206 shares of the company’s stock valued at $627,000 after buying an additional 19,981 shares during the last quarter. Vident Advisory LLC bought a new stake in shares of Franklin FTSE Australia ETF during the 2nd quarter valued at about $1,642,000. Finally, Osaic Holdings Inc. grew its position in shares of Franklin FTSE Australia ETF by 8.6% during the 2nd quarter. Osaic Holdings Inc. now owns 9,231 shares of the company’s stock valued at $286,000 after buying an additional 731 shares during the last quarter.

Franklin FTSE Australia ETF Company Profile

The Franklin FTSE Australia ETF (FLAU) is an exchange-traded fund that is based on the FTSE Australia RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Australian stocks. FLAU was launched on Nov 2, 2017 and is managed by Franklin Templeton.