Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) Shares Shorted: Short Interest Up 162.5% in September

Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 680 shares, an increase of 162.5% from the August 31st total of 259 shares. Based on an average daily trading volume, of 1,915 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Franklin U.S. Small Cap Multifactor Index ETF Stock Performance

Shares of BATS FLQS opened at $47.16 on Monday. The company has a market cap of $54.23 million, a PE ratio of 16.41 and a beta of 0.99. The company has a 50-day moving average of $49.28 and a two-hundred day moving average of $47.01. Franklin U.S. Small Cap Multifactor Index ETF has a 1-year low of $40.76 and a 1-year high of $50.86.

Hedge Funds Weigh In On Franklin U.S. Small Cap Multifactor Index ETF

Several large investors have recently bought and sold shares of the business. Capital Analysts LLC boosted its position in shares of Franklin U.S. Small Cap Multifactor Index ETF by 3.6% in the 2nd quarter. Capital Analysts LLC now owns 8,955 shares of the company’s stock worth $437,000 after purchasing an additional 314 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Franklin U.S. Small Cap Multifactor Index ETF in the 2nd quarter worth $74,000. IFP Advisors Inc grew its holdings in shares of Franklin U.S. Small Cap Multifactor Index ETF by 8.4% during the second quarter. IFP Advisors Inc now owns 3,803 shares of the company’s stock worth $186,000 after buying an additional 296 shares in the last quarter. Citadel Advisors LLC grew its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 40.2% during the 2nd quarter. Citadel Advisors LLC now owns 44,696 shares of the company’s stock worth $2,181,000 after acquiring an additional 12,807 shares in the last quarter. Finally, Focus Financial Network Inc. increased its stake in Franklin U.S. Small Cap Multifactor Index ETF by 5.5% in the 2nd quarter. Focus Financial Network Inc. now owns 9,423 shares of the company’s stock valued at $461,000 after buying an additional 490 shares during the last quarter.

Franklin U.S. Small Cap Multifactor Index ETF Company Profile

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.