Franklin FTSE Saudi Arabia ETF (NYSEARCA:FLSA) Sees Large Increase in Short Interest

Franklin FTSE Saudi Arabia ETF (NYSEARCA:FLSA) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 660 shares, a growth of 67.1% from the August 31st total of 395 shares. Based on an average daily trading volume, of 389 shares, the short-interest ratio is presently 1.7 days. Approximately 0.4% of the company’s stock are sold short.

Franklin FTSE Saudi Arabia ETF Price Performance

Shares of NYSEARCA FLSA traded down $0.20 during mid-day trading on Thursday, hitting $31.26. The company had a trading volume of 993 shares, compared to its average volume of 4,810. The company has a market capitalization of $4.69 million, a PE ratio of 15.61 and a beta of 0.27. The business’s 50-day simple moving average is $32.61 and its 200 day simple moving average is $32.97. Franklin FTSE Saudi Arabia ETF has a 1-year low of $30.88 and a 1-year high of $35.38.

Franklin FTSE Saudi Arabia ETF Company Profile

The Franklin FTSE Saudi Arabia ETF (FLSA) is an exchange-traded fund that is based on the FTSE Saudi Arabia RIC Capped index, a market-cap-weighted index of Saudi Arabian equities, excluding small-caps. FLSA was launched on Oct 9, 2018 and is managed by Franklin Templeton.