Franklin FTSE Japan ETF (NYSEARCA:FLJP) Short Interest Down 62.8% in April

Franklin FTSE Japan ETF (NYSEARCA:FLJP) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 757,131 shares, a decline of 62.8% from the April 15th total of 2,035,966 shares. Based on an average daily volume of 1,137,824 shares, the short-interest ratio is presently 0.7 days. Approximately 0.8% of the shares of the stock are short sold.

Franklin FTSE Japan ETF Stock Down 1.1%

NYSEARCA FLJP traded down $0.45 during trading hours on Friday, reaching $39.05. The company’s stock had a trading volume of 696,844 shares, compared to its average volume of 1,345,877. The firm’s 50-day moving average price is $37.26 and its 200-day moving average price is $36.68. Franklin FTSE Japan ETF has a 1 year low of $30.54 and a 1 year high of $40.22. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 14.28 and a beta of 0.65.

Institutional Trading of Franklin FTSE Japan ETF

Large investors have recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC increased its stake in Franklin FTSE Japan ETF by 169.8% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 77,243 shares of the company’s stock worth $2,670,000 after acquiring an additional 48,615 shares during the last quarter. Harbor Capital Advisors Inc. bought a new stake in Franklin FTSE Japan ETF in the 4th quarter worth approximately $10,113,000. Virtus Family Office LLC increased its stake in Franklin FTSE Japan ETF by 84.5% in the 3rd quarter. Virtus Family Office LLC now owns 32,841 shares of the company’s stock worth $1,135,000 after acquiring an additional 15,041 shares during the last quarter. Tradewinds Capital Management LLC bought a new stake in Franklin FTSE Japan ETF in the 4th quarter worth approximately $14,100,000. Finally, Cercano Management LLC bought a new stake in Franklin FTSE Japan ETF in the 3rd quarter worth approximately $13,791,000.

Franklin FTSE Japan ETF Company Profile

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.