Franklin FTSE Australia ETF (NYSEARCA:FLAU) Short Interest Update

Franklin FTSE Australia ETF (NYSEARCA:FLAU) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 3,623 shares, a growth of 850.9% from the April 15th total of 381 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 25,435 shares, the short-interest ratio is currently 0.1 days.

Franklin FTSE Australia ETF Stock Performance

Franklin FTSE Australia ETF stock opened at $34.71 on Thursday. The business’s 50-day simple moving average is $34.28 and its 200-day simple moving average is $33.10. The firm has a market capitalization of $93.72 million, a PE ratio of 20.41 and a beta of 0.99. Franklin FTSE Australia ETF has a 52 week low of $29.64 and a 52 week high of $39.87.

Hedge Funds Weigh In On Franklin FTSE Australia ETF

A number of institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. increased its stake in shares of Franklin FTSE Australia ETF by 8.6% in the second quarter. Osaic Holdings Inc. now owns 9,231 shares of the company’s stock worth $286,000 after purchasing an additional 731 shares during the period. Jane Street Group LLC increased its stake in shares of Franklin FTSE Australia ETF by 10.5% in the first quarter. Jane Street Group LLC now owns 11,480 shares of the company’s stock worth $317,000 after purchasing an additional 1,094 shares during the period. National Bank of Canada FI increased its stake in shares of Franklin FTSE Australia ETF by 37.1% in the third quarter. National Bank of Canada FI now owns 6,956 shares of the company’s stock worth $223,000 after purchasing an additional 1,882 shares during the period. Susquehanna International Group LLP increased its stake in shares of Franklin FTSE Australia ETF by 37.4% in the third quarter. Susquehanna International Group LLP now owns 24,968 shares of the company’s stock worth $803,000 after purchasing an additional 6,800 shares during the period. Finally, ES4 LLC bought a new position in shares of Franklin FTSE Australia ETF in the fourth quarter worth about $289,000.

About Franklin FTSE Australia ETF

The Franklin FTSE Australia ETF (FLAU) is an exchange-traded fund that is based on the FTSE Australia RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Australian stocks. FLAU was launched on Nov 2, 2017 and is managed by Franklin Templeton.