Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Shares Shorted: Short Interest Down 70.3% in September

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 2,576 shares, a decrease of 70.3% from the August 31st total of 8,687 shares. Based on an average daily trading volume, of 37,224 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of Franklin Liberty Short Duration US Government ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Continuum Advisory LLC purchased a new stake in Franklin Liberty Short Duration US Government ETF during the 2nd quarter worth about $29,000. World Investment Advisors lifted its holdings in Franklin Liberty Short Duration US Government ETF by 7.3% in the 4th quarter. World Investment Advisors now owns 3,578 shares of the company’s stock valued at $326,000 after purchasing an additional 244 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Franklin Liberty Short Duration US Government ETF by 75.5% during the 1st quarter. Kestra Advisory Services LLC now owns 4,806 shares of the company’s stock worth $436,000 after purchasing an additional 2,067 shares during the last quarter. Asset Allocation Strategies LLC acquired a new stake in shares of Franklin Liberty Short Duration US Government ETF during the 1st quarter worth about $439,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Franklin Liberty Short Duration US Government ETF by 74.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,208 shares of the company’s stock worth $564,000 after purchasing an additional 2,651 shares during the last quarter.

Franklin Liberty Short Duration US Government ETF Trading Up 0.1%

Shares of NYSEARCA:FTSD opened at $89.08 on Friday. The business’s fifty day moving average price is $89.85 and its two-hundred day moving average price is $90.23. Franklin Liberty Short Duration US Government ETF has a one year low of $88.91 and a one year high of $91.51.

Franklin Liberty Short Duration US Government ETF Company Profile

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.