Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Short Interest Up 260.8% in May

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 108,233 shares, a growth of 260.8% from the April 30th total of 29,996 shares. Based on an average daily volume of 30,315 shares, the days-to-cover ratio is currently 3.6 days. Currently, 3.2% of the company’s shares are sold short.

Institutional Trading of Franklin FTSE Japan Hedged ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FLJH. National Bank of Canada FI boosted its position in shares of Franklin FTSE Japan Hedged ETF by 15.7% in the third quarter. National Bank of Canada FI now owns 5,486 shares of the company’s stock valued at $197,000 after acquiring an additional 743 shares during the period. Kestra Advisory Services LLC acquired a new stake in Franklin FTSE Japan Hedged ETF in the 4th quarter worth about $32,000. Dunhill Financial LLC acquired a new stake in Franklin FTSE Japan Hedged ETF in the 4th quarter worth about $33,000. Royal Bank of Canada boosted its holdings in Franklin FTSE Japan Hedged ETF by 80.5% in the 4th quarter. Royal Bank of Canada now owns 4,468 shares of the company’s stock valued at $168,000 after purchasing an additional 1,993 shares during the period. Finally, Maridea Wealth Management LLC acquired a new position in shares of Franklin FTSE Japan Hedged ETF during the 1st quarter worth approximately $209,000.

Franklin FTSE Japan Hedged ETF Trading Up 0.2%

NYSEARCA FLJH traded up $0.11 during trading on Friday, hitting $44.82. The company had a trading volume of 22,046 shares, compared to its average volume of 34,267. The company’s fifty day moving average is $42.21 and its 200-day moving average is $40.71. The company has a market cap of $152.39 million, a price-to-earnings ratio of 14.42 and a beta of 0.35. Franklin FTSE Japan Hedged ETF has a one year low of $31.21 and a one year high of $44.88.

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.