Franklin FTSE Asia ex Japan ETF (NYSEARCA:FLAX) Stock Short Interest Report for October

Franklin FTSE Asia ex Japan ETF (NYSEARCA:FLAX) was the target of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 6,518 shares, a decline of 92.0% from the October 15th total of 81,514 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 27,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Franklin FTSE Asia ex Japan ETF

Several large investors have recently added to or reduced their stakes in FLAX. Csenge Advisory Group raised its holdings in shares of Franklin FTSE Asia ex Japan ETF by 43.8% during the 3rd quarter. Csenge Advisory Group now owns 424,700 shares of the company’s stock valued at $15,537,000 after purchasing an additional 129,316 shares in the last quarter. OneAscent Financial Services LLC raised its stake in shares of Franklin FTSE Asia ex Japan ETF by 1.9% in the 3rd quarter. OneAscent Financial Services LLC now owns 56,890 shares of the company’s stock valued at $2,081,000 after acquiring an additional 1,081 shares in the last quarter. Corient Private Wealth LP lifted its holdings in Franklin FTSE Asia ex Japan ETF by 6.1% in the 2nd quarter. Corient Private Wealth LP now owns 25,437 shares of the company’s stock worth $948,000 after purchasing an additional 1,473 shares during the last quarter. TOP Private Wealth LLC. acquired a new stake in Franklin FTSE Asia ex Japan ETF in the 2nd quarter worth approximately $813,000. Finally, Retirement Planning Group LLC acquired a new stake in Franklin FTSE Asia ex Japan ETF in the 3rd quarter worth approximately $394,000.

Franklin FTSE Asia ex Japan ETF Price Performance

NYSEARCA:FLAX traded up $0.92 during mid-day trading on Wednesday, reaching $34.02. The stock had a trading volume of 2,076 shares, compared to its average volume of 12,265. The business’s 50 day moving average is $35.56 and its 200 day moving average is $34.72. Franklin FTSE Asia ex Japan ETF has a fifty-two week low of $28.56 and a fifty-two week high of $39.20. The stock has a market cap of $68.03 million, a P/E ratio of 12.53 and a beta of 0.73.

About Franklin FTSE Asia ex Japan ETF

The Franklin FTSE Asia ex Japan ETF (FLAX) is an exchange-traded fund that is based on the FTSE Asia ex Japan RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks from developed and emerging Asian countries, excluding Japan. FLAX was launched on Feb 6, 2018 and is managed by Franklin Templeton.