Short Interest in Franklin Senior Loan ETF (BATS:FLBL) Decreases By 61.0%

Franklin Senior Loan ETF (BATS:FLBL) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 283,568 shares, a decrease of 61.0% from the July 30th total of 727,361 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 124,197 shares, the short-interest ratio is currently 2.3 days.

Franklin Senior Loan ETF Stock Performance

Shares of BATS FLBL opened at $23.16 on Friday. Franklin Senior Loan ETF has a 52 week low of $22.57 and a 52 week high of $24.22. The business has a 50-day simple moving average of $22.98 and a two-hundred day simple moving average of $22.98.

Institutional Investors Weigh In On Franklin Senior Loan ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp boosted its position in shares of Franklin Senior Loan ETF by 655.5% in the first quarter. Bank of New York Mellon Corp now owns 1,933,014 shares of the company’s stock valued at $44,459,000 after acquiring an additional 1,677,153 shares during the period. SHP Wealth Management bought a new stake in Franklin Senior Loan ETF during the 4th quarter worth approximately $27,713,000. Ameriprise Financial Inc. lifted its stake in Franklin Senior Loan ETF by 142.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 846,007 shares of the company’s stock worth $20,324,000 after purchasing an additional 496,769 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in Franklin Senior Loan ETF by 6,143.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 328,151 shares of the company’s stock worth $7,685,000 after purchasing an additional 322,895 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in Franklin Senior Loan ETF by 226.6% in the 1st quarter. Royal Bank of Canada now owns 334,835 shares of the company’s stock valued at $7,700,000 after purchasing an additional 232,329 shares during the period.

About Franklin Senior Loan ETF

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.