Short Interest in Franklin Disruptive Commerce ETF (BATS:BUYZ) Increases By 207.1%

Franklin Disruptive Commerce ETF (BATS:BUYZ) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 43 shares, a growth of 207.1% from the April 30th total of 14 shares. Based on an average daily volume of 491 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Franklin Disruptive Commerce ETF

Several institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC acquired a new position in shares of Franklin Disruptive Commerce ETF during the first quarter valued at about $304,000. Citadel Advisors LLC acquired a new position in shares of Franklin Disruptive Commerce ETF during the third quarter valued at about $307,000. Arax Advisory Partners acquired a new position in shares of Franklin Disruptive Commerce ETF during the fourth quarter valued at about $42,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Franklin Disruptive Commerce ETF during the fourth quarter valued at about $33,000.

Franklin Disruptive Commerce ETF Trading Down 0.2%

Shares of BATS BUYZ opened at $35.21 on Friday. The firm’s 50-day moving average price is $34.00 and its 200-day moving average price is $36.44. Franklin Disruptive Commerce ETF has a 1-year low of $30.81 and a 1-year high of $44.78. The firm has a market capitalization of $7.04 million, a P/E ratio of 42.43 and a beta of 1.37.

Franklin Disruptive Commerce ETF Company Profile

The Franklin Disruptive Commerce ETF (BUYZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global equities expecting to benefit from disruptive commerce for consumers and businesses. BUYZ was launched on Feb 25, 2020 and is managed by Franklin Templeton.