Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Short Interest Up 256.1% in August

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 47,214 shares, a growth of 256.1% from the July 30th total of 13,260 shares. Based on an average daily trading volume, of 81,751 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

Franklin U.S. Treasury Bond ETF Stock Down 0.2%

Shares of NYSEARCA FLGV opened at $20.03 on Thursday. Franklin U.S. Treasury Bond ETF has a one year low of $19.91 and a one year high of $20.89. The business’s fifty day moving average price is $20.08 and its 200-day moving average price is $20.29.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its position in Franklin U.S. Treasury Bond ETF by 5.0% during the third quarter. Bank of America Corp DE now owns 5,461,509 shares of the company’s stock worth $112,726,000 after buying an additional 262,232 shares in the last quarter. MGO One Seven LLC lifted its holdings in shares of Franklin U.S. Treasury Bond ETF by 1,144.5% in the 4th quarter. MGO One Seven LLC now owns 191,264 shares of the company’s stock worth $3,925,000 after acquiring an additional 175,895 shares during the last quarter. Cetera Investment Advisers lifted its stake in Franklin U.S. Treasury Bond ETF by 49.4% in the fourth quarter. Cetera Investment Advisers now owns 516,521 shares of the company’s stock worth $10,599,000 after purchasing an additional 170,887 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Franklin U.S. Treasury Bond ETF by 25.2% in the 4th quarter. LPL Financial LLC now owns 643,340 shares of the company’s stock valued at $13,201,000 after acquiring an additional 129,546 shares during the last quarter. Finally, Citadel Advisors LLC increased its holdings in Franklin U.S. Treasury Bond ETF by 637.7% during the 3rd quarter. Citadel Advisors LLC now owns 144,752 shares of the company’s stock valued at $2,988,000 after purchasing an additional 125,129 shares during the period.

Franklin U.S. Treasury Bond ETF Company Profile

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.