Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) Stock Short Interest Report for October

Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 54,810 shares, a growth of 297.6% from the September 30th total of 13,785 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 146,423 shares, the short-interest ratio is currently 0.4 days.

Franklin Systematic Style Premia ETF Trading Up 0.7%

FLSP stock traded up $0.21 during midday trading on Friday, reaching $29.04. The company had a trading volume of 20,985 shares, compared to its average volume of 114,489. The company has a 50 day moving average of $28.71 and a two-hundred day moving average of $27.72. Franklin Systematic Style Premia ETF has a 1 year low of $26.45 and a 1 year high of $30.00. The company has a market capitalization of $1.11 billion, a P/E ratio of 18.32 and a beta of 0.03.

Institutional Trading of Franklin Systematic Style Premia ETF

A number of large investors have recently bought and sold shares of the stock. Bank of America Corp DE raised its holdings in shares of Franklin Systematic Style Premia ETF by 5.7% during the first quarter. Bank of America Corp DE now owns 1,857,918 shares of the company’s stock worth $50,535,000 after acquiring an additional 99,527 shares during the period. Envestnet Asset Management Inc. raised its position in Franklin Systematic Style Premia ETF by 8.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,502,520 shares of the company’s stock valued at $41,605,000 after purchasing an additional 121,520 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Franklin Systematic Style Premia ETF by 5.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,313,990 shares of the company’s stock valued at $35,741,000 after purchasing an additional 69,466 shares during the last quarter. Assetmark Inc. raised its position in Franklin Systematic Style Premia ETF by 34,460.7% during the 1st quarter. Assetmark Inc. now owns 492,835 shares of the company’s stock worth $13,405,000 after purchasing an additional 491,409 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Franklin Systematic Style Premia ETF during the first quarter worth $4,198,000.

Franklin Systematic Style Premia ETF Company Profile

The Franklin Systematic Style Premia ETF (FLSP) is an exchange-traded fund that is based on the IQ Hedge Market Neutral index. The fund is an actively managed, absolute return fund that aims to produce positive returns in a rising or falling market by employing a multi-asset, long\u002Fshort strategy via the use of derivatives. FLSP was launched on Dec 18, 2019 and is managed by Franklin Templeton.