Franklin International Aggregate Bond ETF (BATS:FLIA) Sees Large Decline in Short Interest

Franklin International Aggregate Bond ETF (BATS:FLIA) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 17,707 shares, a decline of 70.0% from the July 15th total of 59,046 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 100,604 shares, the short-interest ratio is currently 0.2 days.

Franklin International Aggregate Bond ETF Stock Performance

FLIA opened at $20.30 on Thursday. The stock’s fifty day moving average is $20.39 and its two-hundred day moving average is $20.35. Franklin International Aggregate Bond ETF has a 52 week low of $20.12 and a 52 week high of $20.77.

Hedge Funds Weigh In On Franklin International Aggregate Bond ETF

Several institutional investors have recently made changes to their positions in FLIA. JPMorgan Chase & Co. raised its holdings in shares of Franklin International Aggregate Bond ETF by 57.6% in the second quarter. JPMorgan Chase & Co. now owns 4,633 shares of the company’s stock valued at $95,000 after acquiring an additional 1,694 shares in the last quarter. Royal Bank of Canada grew its holdings in Franklin International Aggregate Bond ETF by 116.2% during the 4th quarter. Royal Bank of Canada now owns 9,208 shares of the company’s stock worth $186,000 after acquiring an additional 4,948 shares in the last quarter. Wealth Enhancement Trust Services Inc. bought a new position in Franklin International Aggregate Bond ETF during the 4th quarter worth about $198,000. Raymond James Financial Inc. purchased a new position in Franklin International Aggregate Bond ETF during the 2nd quarter valued at about $260,000. Finally, Brooklyn Investment Group increased its position in Franklin International Aggregate Bond ETF by 222.8% during the 3rd quarter. Brooklyn Investment Group now owns 19,629 shares of the company’s stock valued at $403,000 after purchasing an additional 13,548 shares during the period.

About Franklin International Aggregate Bond ETF

The Franklin International Aggregate Bond ETF (FLIA) is an exchange-traded fund that is based on the Bloomberg Global Aggregate ex-USD index. The fund is an actively managed fund that invests in government, agency, and corporate debt outside of the United States. FLIA was launched on May 30, 2018 and is managed by Franklin Templeton.