Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Stock Short Interest Falls 98.1%

Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) saw a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 99 shares, a decrease of 98.1% from the October 15th total of 5,194 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 81,004 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Franklin U.S. Mid Cap Multifactor Index ETF

A number of large investors have recently bought and sold shares of FLQM. Private Advisor Group LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF during the 3rd quarter worth approximately $15,035,000. HighTower Advisors LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth $37,592,000. Harbour Investments Inc. bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth $951,000. Jacobi Capital Management LLC bought a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth $155,000. Finally, M Holdings Securities Inc. acquired a new position in Franklin U.S. Mid Cap Multifactor Index ETF during the third quarter worth $225,000.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Performance

BATS:FLQM opened at $62.86 on Wednesday. The company has a market cap of $1.48 billion, a PE ratio of 16.64 and a beta of 0.89. Franklin U.S. Mid Cap Multifactor Index ETF has a 52-week low of $53.87 and a 52-week high of $63.91. The stock has a 50-day simple moving average of $59.99 and a 200 day simple moving average of $58.34.

About Franklin U.S. Mid Cap Multifactor Index ETF

The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) is an exchange-traded fund that is based on the LibertyQ US Mid Cap Equity index. The fund tracks a US-listed mid-cap equity index that selects and weights constituents based on four factors: quality, value, momentum, and volatility. FLQM was launched on Apr 26, 2017 and is managed by Franklin Templeton.