Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Short Interest Update

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 62,600 shares, an increase of 36.7% from the September 30th total of 45,800 shares. Approximately 2.2% of the company’s stock are short sold. Based on an average daily trading volume, of 16,600 shares, the short-interest ratio is presently 3.8 days. Based on an average daily trading volume, of 16,600 shares, the short-interest ratio is presently 3.8 days. Approximately 2.2% of the company’s stock are short sold.

Franklin FTSE Japan Hedged ETF Price Performance

Shares of NYSEARCA:FLJH traded up $0.03 during midday trading on Monday, reaching $38.87. The company had a trading volume of 35,608 shares, compared to its average volume of 19,467. The stock’s fifty day moving average price is $36.74 and its 200-day moving average price is $33.88. The stock has a market capitalization of $112.72 million, a P/E ratio of 14.42 and a beta of 0.37. Franklin FTSE Japan Hedged ETF has a one year low of $26.01 and a one year high of $40.27.

Institutional Trading of Franklin FTSE Japan Hedged ETF

Several institutional investors have recently added to or reduced their stakes in FLJH. LPL Financial LLC increased its stake in Franklin FTSE Japan Hedged ETF by 172.2% during the first quarter. LPL Financial LLC now owns 96,248 shares of the company’s stock valued at $2,964,000 after purchasing an additional 60,891 shares during the last quarter. National Bank of Canada FI increased its stake in Franklin FTSE Japan Hedged ETF by 143.8% during the first quarter. National Bank of Canada FI now owns 4,162 shares of the company’s stock valued at $128,000 after purchasing an additional 2,455 shares during the last quarter. Jane Street Group LLC bought a new stake in Franklin FTSE Japan Hedged ETF during the first quarter valued at $1,730,000. Finally, Flow Traders U.S. LLC bought a new stake in Franklin FTSE Japan Hedged ETF during the second quarter valued at $1,378,000.

About Franklin FTSE Japan Hedged ETF

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.