Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Update

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 301 shares, a decline of 84.3% from the July 30th total of 1,919 shares. Based on an average daily volume of 4,222 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of Franklin FTSE Germany ETF by 29.8% during the 1st quarter. Bank of America Corp DE now owns 63,848 shares of the company’s stock valued at $1,997,000 after buying an additional 14,660 shares during the last quarter. Marotta Asset Management grew its position in Franklin FTSE Germany ETF by 4.2% in the first quarter. Marotta Asset Management now owns 227,190 shares of the company’s stock worth $7,216,000 after acquiring an additional 9,227 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Franklin FTSE Germany ETF by 10.0% during the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock worth $483,000 after purchasing an additional 1,313 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of Franklin FTSE Germany ETF during the 3rd quarter valued at $2,022,000. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Franklin FTSE Germany ETF in the 2nd quarter valued at $793,000.

Franklin FTSE Germany ETF Trading Down 0.4%

FLGR stock traded down $0.13 during midday trading on Wednesday, reaching $34.46. The company had a trading volume of 641 shares, compared to its average volume of 8,138. The company has a 50 day moving average of $33.12 and a two-hundred day moving average of $33.16. Franklin FTSE Germany ETF has a 1 year low of $29.96 and a 1 year high of $35.18. The company has a market capitalization of $39.63 million, a P/E 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.