Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Down 80.8% in June

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 353 shares, a drop of 80.8% from the May 31st total of 1,839 shares. Based on an average daily volume of 2,673 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of Franklin FTSE Germany ETF

Large investors have recently made changes to their positions in the business. Jane Street Group LLC raised its position in shares of Franklin FTSE Germany ETF by 10.0% during the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock valued at $483,000 after buying an additional 1,313 shares in the last quarter. Bank of America Corp DE increased its stake in Franklin FTSE Germany ETF by 8.1% during the third quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock worth $1,475,000 after acquiring an additional 3,370 shares during the last quarter. Marotta Asset Management increased its stake in Franklin FTSE Germany ETF by 4.2% during the first quarter. Marotta Asset Management now owns 227,190 shares of the company’s stock worth $7,216,000 after acquiring an additional 9,227 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Franklin FTSE Germany ETF during the second quarter valued at approximately $793,000. Finally, Flow Traders U.S. LLC purchased a new stake in Franklin FTSE Germany ETF during the third quarter valued at approximately $2,022,000.

Franklin FTSE Germany ETF Stock Performance

Shares of FLGR opened at $32.97 on Friday. The stock has a market capitalization of $42.86 million, a PE ratio of 17.93 and a beta of 0.95. The company’s fifty day moving average is $33.47 and its 200 day moving average is $33.38. Franklin FTSE Germany ETF has a fifty-two week low of $29.96 and a fifty-two week high of $35.18.

About Franklin FTSE Germany ETF

The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.