Franklin Senior Loan ETF (BATS:FLBL) Short Interest Up 247.0% in July

Franklin Senior Loan ETF (BATS:FLBL) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 727,361 shares, a growth of 247.0% from the July 15th total of 209,639 shares. Based on an average daily volume of 214,718 shares, the days-to-cover ratio is presently 3.4 days. Currently, 1.6% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC acquired a new position in Franklin Senior Loan ETF during the 4th quarter worth approximately $25,000. Fifth Third Bancorp acquired a new stake in shares of Franklin Senior Loan ETF in the 1st quarter valued at approximately $32,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Franklin Senior Loan ETF in the 4th quarter valued at approximately $33,000. Geneos Wealth Management Inc. boosted its stake in shares of Franklin Senior Loan ETF by 218.8% in the first quarter. Geneos Wealth Management Inc. now owns 2,550 shares of the company’s stock valued at $61,000 after buying an additional 1,750 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of Franklin Senior Loan ETF by 690.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,493 shares of the company’s stock valued at $82,000 after buying an additional 3,051 shares in the last quarter.

Franklin Senior Loan ETF Trading Up 0.0%

BATS:FLBL opened at $23.04 on Thursday. The firm’s fifty day moving average price is $22.93 and its 200 day moving average price is $23.00. Franklin Senior Loan ETF has a 1-year low of $22.57 and a 1-year high of $24.22.

Franklin Senior Loan ETF Company Profile

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.