Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) Short Interest Update

Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 348 shares, a growth of 210.7% from the May 31st total of 112 shares. Based on an average daily volume of 3,248 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of Franklin U.S. Small Cap Multifactor Index ETF

Several hedge funds and other institutional investors have recently modified their holdings of FLQS. Kestra Advisory Services LLC acquired a new position in Franklin U.S. Small Cap Multifactor Index ETF in the 4th quarter valued at about $61,000. IFP Advisors Inc raised its holdings in Franklin U.S. Small Cap Multifactor Index ETF by 8.7% in the 4th quarter. IFP Advisors Inc now owns 3,496 shares of the company’s stock valued at $151,000 after acquiring an additional 279 shares during the period. Raymond James Financial Inc. acquired a new stake in Franklin U.S. Small Cap Multifactor Index ETF during the second quarter worth approximately $256,000. CWM LLC lifted its position in Franklin U.S. Small Cap Multifactor Index ETF by 506.5% during the fourth quarter. CWM LLC now owns 6,963 shares of the company’s stock worth $301,000 after acquiring an additional 5,815 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of Franklin U.S. Small Cap Multifactor Index ETF by 5.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 7,363 shares of the company’s stock worth $318,000 after acquiring an additional 390 shares during the period.

Franklin U.S. Small Cap Multifactor Index ETF Price Performance

FLQS stock opened at $48.58 on Tuesday. Franklin U.S. Small Cap Multifactor Index ETF has a one year low of $40.26 and a one year high of $48.96. The stock has a market cap of $55.87 million, a price-to-earnings ratio of 16.41 and a beta of 0.99. The company has a fifty day moving average price of $46.19 and a two-hundred day moving average price of $44.95.

Franklin U.S. Small Cap Multifactor Index ETF Company Profile

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.