Short Interest in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Increases By 151.8%

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGVGet Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 118,893 shares, a growth of 151.8% from the August 15th total of 47,214 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 160,083 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Franklin U.S. Treasury Bond ETF

Institutional investors have recently made changes to their positions in the stock. RFG Advisory LLC purchased a new position in shares of Franklin U.S. Treasury Bond ETF during the 2nd quarter worth approximately $1,823,000. NewEdge Advisors LLC boosted its position in shares of Franklin U.S. Treasury Bond ETF by 5.7% during the second quarter. NewEdge Advisors LLC now owns 65,715 shares of the company’s stock worth $1,333,000 after buying an additional 3,516 shares during the period. Citadel Advisors LLC grew its stake in shares of Franklin U.S. Treasury Bond ETF by 59.5% in the second quarter. Citadel Advisors LLC now owns 193,448 shares of the company’s stock valued at $3,923,000 after buying an additional 72,136 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of Franklin U.S. Treasury Bond ETF by 6.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 500,532 shares of the company’s stock valued at $10,151,000 after buying an additional 29,278 shares during the period. Finally, First Heartland Consultants Inc. lifted its stake in Franklin U.S. Treasury Bond ETF by 3.6% during the 2nd quarter. First Heartland Consultants Inc. now owns 448,314 shares of the company’s stock worth $9,092,000 after acquiring an additional 15,683 shares in the last quarter.

Franklin U.S. Treasury Bond ETF Stock Performance

NYSEARCA:FLGV opened at $19.69 on Friday. Franklin U.S. Treasury Bond ETF has a 52 week low of $19.69 and a 52 week high of $20.89. The stock’s fifty day moving average is $19.99 and its two-hundred day moving average is $20.23.

Franklin U.S. Treasury Bond ETF Company Profile

(Get Free Report)

The Franklin U.S. Treasury Bond ETF (FLGV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in US Treasurys with remaining maturities of 1 30 years. FLGV was launched on Jun 9, 2020 and is managed by Franklin Templeton.

Further Reading

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