Franklin FTSE Latin America ETF (NYSEARCA:FLLA) Short Interest Up 32.2% in August

Franklin FTSE Latin America ETF (NYSEARCA:FLLA) was the recipient of a significant increase in short interest during the month of August. As of August 15th, there was short interest totaling 22,600 shares, anincreaseof32.2% from the July 31st total of 17,100 shares. Based on an average daily trading volume, of 15,000 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily trading volume, of 15,000 shares, the days-to-cover ratio is currently 1.5 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. WealthShield Partners LLC purchased a new stake in shares of Franklin FTSE Latin America ETF in the 2nd quarter worth approximately $62,000. Comprehensive Money Management Services LLC acquired a new stake in shares of Franklin FTSE Latin America ETF during the second quarter worth $246,000. Old Port Advisors acquired a new stake in Franklin FTSE Latin America ETF during the 1st quarter worth about $248,000. Flow Traders U.S. LLC purchased a new stake in Franklin FTSE Latin America ETF in the second quarter valued at approximately $252,000. Finally, Wealthspire Advisors LLC acquired a new stake in shares of Franklin FTSE Latin America ETF in the second quarter worth $274,000.

Franklin FTSE Latin America ETF Stock Down 0.4%

FLLA opened at $22.43 on Tuesday. The stock has a market cap of $38.13 million, a P/E ratio of 10.26 and a beta of 1.08. Franklin FTSE Latin America ETF has a 52-week low of $16.80 and a 52-week high of $22.69. The business has a fifty day moving average of $21.44 and a 200 day moving average of $20.65.

About Franklin FTSE Latin America ETF

The Franklin FTSE Latin America ETF (FLLA) is an exchange-traded fund that is based on the FTSE Latin America RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Latin American equities. FLLA was launched on Oct 9, 2018 and is managed by Franklin Templeton.