Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) Short Interest Update

Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 346 shares, a decline of 83.7% from the July 30th total of 2,126 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 16,634 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Franklin Municipal Green Bond ETF

Several large investors have recently made changes to their positions in FLMB. Kestra Advisory Services LLC bought a new position in shares of Franklin Municipal Green Bond ETF in the fourth quarter valued at about $63,000. Western Wealth Management LLC bought a new stake in Franklin Municipal Green Bond ETF during the 1st quarter worth about $110,000. Raymond James Financial Inc. acquired a new stake in Franklin Municipal Green Bond ETF in the 2nd quarter valued at about $115,000. PNC Financial Services Group Inc. increased its position in Franklin Municipal Green Bond ETF by 1,701.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,295 shares of the company’s stock valued at $125,000 after acquiring an additional 5,001 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in shares of Franklin Municipal Green Bond ETF in the first quarter worth about $421,000.

Franklin Municipal Green Bond ETF Stock Down 0.1%

NYSEARCA FLMB traded down $0.03 during trading hours on Friday, reaching $23.31. 16,344 shares of the company’s stock were exchanged, compared to its average volume of 14,921. The firm has a fifty day moving average of $23.63 and a 200-day moving average of $23.79. Franklin Municipal Green Bond ETF has a one year low of $22.78 and a one year high of $24.29.

Franklin Municipal Green Bond ETF Company Profile

The Franklin Municipal Green Bond ETF (FLMB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with a broad range in maturities, that intend to finance projects promoting environmental sustainability. FLMB was launched on Aug 31, 2017 and is managed by Franklin Templeton.