Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) Stock Short Interest Report for October

Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 5,418 shares, a decrease of 85.4% from the September 30th total of 37,117 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 33,713 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Franklin Municipal Green Bond ETF

Large investors have recently bought and sold shares of the company. Western Wealth Management LLC purchased a new position in Franklin Municipal Green Bond ETF during the first quarter worth about $110,000. PNC Financial Services Group Inc. boosted its holdings in shares of Franklin Municipal Green Bond ETF by 1,701.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,295 shares of the company’s stock valued at $125,000 after buying an additional 5,001 shares in the last quarter. Commonwealth Financial Services LLC boosted its position in shares of Franklin Municipal Green Bond ETF by 2.2% in the 1st quarter. Commonwealth Financial Services LLC now owns 21,675 shares of the company’s stock valued at $512,000 after purchasing an additional 459 shares during the period. Finally, PFG Investments LLC acquired a new stake in shares of Franklin Municipal Green Bond ETF during the first quarter worth about $446,000.

Franklin Municipal Green Bond ETF Trading Up 0.0%

Shares of NYSEARCA FLMB traded up $0.00 during midday trading on Tuesday, reaching $22.65. The company had a trading volume of 2,452 shares, compared to its average volume of 20,959. The business’s 50-day simple moving average is $22.60 and its 200 day simple moving average is $23.52. Franklin Municipal Green Bond ETF has a 1 year low of $21.65 and a 1 year high of $24.29.

Franklin Municipal Green Bond ETF Company Profile

The Franklin Municipal Green Bond ETF (FLMB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with a broad range in maturities, that intend to finance projects promoting environmental sustainability. FLMB was launched on Aug 31, 2017 and is managed by Franklin Templeton.