Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV – Get Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 82,103 shares, an increase of 428.2% from the April 30th total of 15,545 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 66,528 shares, the short-interest ratio is currently 1.2 days.
Franklin U.S. Treasury Bond ETF Stock Performance
NYSEARCA:FLGV traded up $0.02 on Friday, reaching $20.29. The stock had a trading volume of 2,142,293 shares, compared to its average volume of 157,954. The company has a 50-day moving average of $20.33 and a 200 day moving average of $20.50. Franklin U.S. Treasury Bond ETF has a 12-month low of $19.96 and a 12-month high of $21.30.
Institutional Trading of Franklin U.S. Treasury Bond ETF
Several institutional investors have recently made changes to their positions in FLGV. Assetmark Inc. acquired a new stake in shares of Franklin U.S. Treasury Bond ETF during the 4th quarter valued at about $27,000. Foundations Investment Advisors LLC acquired a new stake in shares of Franklin U.S. Treasury Bond ETF during the 4th quarter valued at about $244,000. JPMorgan Chase & Co. boosted its position in shares of Franklin U.S. Treasury Bond ETF by 38.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,503 shares of the company’s stock valued at $258,000 after acquiring an additional 3,486 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Franklin U.S. Treasury Bond ETF during the 4th quarter valued at about $287,000. Finally, GC Wealth Management RIA LLC acquired a new stake in shares of Franklin U.S. Treasury Bond ETF during the 4th quarter valued at about $371,000.
About Franklin U.S. Treasury Bond ETF
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.
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