Short Interest in Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA) Drops By 45.0%

Posted by James Quigley on Aug 30th, 2026

Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 30,206 shares, a decrease of 45.0% from the July 30th total of 54,916 shares. Based on an average daily trading volume, of 45,073 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.1% of the company’s stock are short sold.

Franklin Pennsylvania Municipal Income ETF Price Performance

Shares of FTPA traded down $0.01 during midday trading on Friday, reaching $8.52. 101,554 shares of the stock were exchanged, compared to its average volume of 54,557. Franklin Pennsylvania Municipal Income ETF has a 52 week low of $8.49 and a 52 week high of $8.81. The company’s 50 day moving average is $8.64 and its two-hundred day moving average is $8.66.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Franklin Pennsylvania Municipal Income ETF stock. Continuum Advisory LLC purchased a new stake in Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,867 shares of the company’s stock, valued at approximately $51,000. Continuum Advisory LLC owned approximately 0.06% of Franklin Pennsylvania Municipal Income ETF as of its most recent filing with the SEC. Institutional investors and hedge funds own 65.72% of the company’s stock.

Franklin Pennsylvania Municipal Income ETF Company Profile

(Get Free Report)

FTAC Parnassus Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify technology and financial services technology companies. The company was formerly known as FTAC General Acquisition Corp. FTAC Parnassus Acquisition Corp. was incorporated in 2020 and is based in Philadelphia, Pennsylvania.