Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Down 80.8% in June

Franklin FTSE Germany ETF (NYSEARCA:FLGR) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 353 shares, a decline of 80.8% from the May 31st total of 1,839 shares. Based on an average trading volume of 2,673 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Franklin FTSE Germany ETF

Several institutional investors have recently modified their holdings of FLGR. Jane Street Group LLC lifted its position in Franklin FTSE Germany ETF by 10.0% in the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock worth $483,000 after buying an additional 1,313 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Franklin FTSE Germany ETF during the second quarter worth approximately $793,000. Bank of America Corp DE lifted its holdings in shares of Franklin FTSE Germany ETF by 8.1% in the 3rd quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock worth $1,475,000 after acquiring an additional 3,370 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Franklin FTSE Germany ETF in the 3rd quarter worth approximately $2,022,000. Finally, Marotta Asset Management boosted its stake in shares of Franklin FTSE Germany ETF by 8.9% in the 4th quarter. Marotta Asset Management now owns 217,963 shares of the company’s stock valued at $7,309,000 after purchasing an additional 17,798 shares in the last quarter.

Franklin FTSE Germany ETF Stock Down 4.0%

NYSEARCA:FLGR traded down $1.31 during midday trading on Friday, hitting $31.66. The company had a trading volume of 1,951 shares, compared to its average volume of 9,787. Franklin FTSE Germany ETF has a 52-week low of $29.96 and a 52-week high of $35.18. The stock’s fifty day moving average price is $33.43 and its 200-day moving average price is $33.37. The company has a market capitalization of $41.16 million, a PE ratio of 17.93 and a beta of 0.95.

Franklin FTSE Germany ETF Company Profile

The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.