Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 20,708 shares, an increase of 703.9% from the September 15th total of 2,576 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily volume of 32,128 shares, the days-to-cover ratio is presently 0.6 days.
Institutional Investors Weigh In On Franklin Liberty Short Duration US Government ETF
Several institutional investors and hedge funds have recently made changes to their positions in FTSD. World Investment Advisors increased its position in shares of Franklin Liberty Short Duration US Government ETF by 7.3% during the fourth quarter. World Investment Advisors now owns 3,578 shares of the company’s stock valued at $326,000 after acquiring an additional 244 shares in the last quarter. Continuum Advisory LLC bought a new position in Franklin Liberty Short Duration US Government ETF in the 2nd quarter valued at approximately $29,000. Asset Allocation Strategies LLC boosted its stake in Franklin Liberty Short Duration US Government ETF by 6.7% during the 2nd quarter. Asset Allocation Strategies LLC now owns 5,159 shares of the company’s stock valued at $467,000 after purchasing an additional 323 shares during the last quarter. D.A. Davidson & CO. boosted its stake in Franklin Liberty Short Duration US Government ETF by 1.9% during the 1st quarter. D.A. Davidson & CO. now owns 18,947 shares of the company’s stock valued at $1,720,000 after purchasing an additional 349 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in Franklin Liberty Short Duration US Government ETF by 4.9% during the 1st quarter. Sanctuary Advisors LLC now owns 15,639 shares of the company’s stock valued at $1,420,000 after purchasing an additional 732 shares during the last quarter.
Franklin Liberty Short Duration US Government ETF Price Performance
Shares of FTSD stock opened at $88.80 on Friday. Franklin Liberty Short Duration US Government ETF has a one year low of $88.49 and a one year high of $91.51. The company’s 50-day moving average is $89.58 and its 200 day moving average is $90.10.
Franklin Liberty Short Duration US Government ETF Company Profile
The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.
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