Franklin International Aggregate Bond ETF (BATS:FLIA) Sees Large Increase in Short Interest

Franklin International Aggregate Bond ETF (BATS:FLIA) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 163,327 shares, an increase of 111.5% from the May 14th total of 77,225 shares. Based on an average trading volume of 89,704 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in FLIA. JPMorgan Chase & Co. grew its stake in Franklin International Aggregate Bond ETF by 57.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,633 shares of the company’s stock worth $95,000 after buying an additional 1,694 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Franklin International Aggregate Bond ETF during the 2nd quarter worth approximately $260,000. CENTRAL TRUST Co grew its stake in Franklin International Aggregate Bond ETF by 110.7% during the 3rd quarter. CENTRAL TRUST Co now owns 43,825 shares of the company’s stock worth $899,000 after buying an additional 23,028 shares during the last quarter. Acima Private Wealth LLC grew its stake in Franklin International Aggregate Bond ETF by 12.4% during the 3rd quarter. Acima Private Wealth LLC now owns 135,291 shares of the company’s stock worth $2,775,000 after buying an additional 14,952 shares during the last quarter. Finally, Brooklyn Investment Group grew its stake in Franklin International Aggregate Bond ETF by 222.8% during the 3rd quarter. Brooklyn Investment Group now owns 19,629 shares of the company’s stock worth $403,000 after buying an additional 13,548 shares during the last quarter.

Franklin International Aggregate Bond ETF Stock Performance

Shares of FLIA remained flat at $20.40 during mid-day trading on Friday. The stock had a trading volume of 59,636 shares, compared to its average volume of 121,837. Franklin International Aggregate Bond ETF has a fifty-two week low of $20.12 and a fifty-two week high of $20.77. The firm’s 50-day moving average price is $20.32 and its 200 day moving average price is $20.34.

Franklin International Aggregate Bond ETF Company Profile

The Franklin International Aggregate Bond ETF (FLIA) is an exchange-traded fund that is based on the Bloomberg Global Aggregate ex-USD index. The fund is an actively managed fund that invests in government, agency, and corporate debt outside of the United States. FLIA was launched on May 30, 2018 and is managed by Franklin Templeton.