Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL) Stock Short Interest Report for September

Franklin Responsibly Sourced Gold ETF (NYSEARCA:FGDL) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 2,676 shares, a drop of 93.2% from the September 15th total of 39,518 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 15,322 shares, the short-interest ratio is currently 0.2 days.

Franklin Responsibly Sourced Gold ETF Stock Up 1.6%

NYSEARCA FGDL traded up $0.87 during trading hours on Friday, hitting $55.84. 7,184 shares of the company’s stock traded hands, compared to its average volume of 43,396. The firm’s 50-day moving average is $57.74 and its 200-day moving average is $58.26. Franklin Responsibly Sourced Gold ETF has a 52-week low of $52.00 and a 52-week high of $74.24.

Institutional Trading of Franklin Responsibly Sourced Gold ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in FGDL. Maridea Wealth Management LLC acquired a new position in shares of Franklin Responsibly Sourced Gold ETF in the 1st quarter valued at $2,983,000. Eastern Bank purchased a new stake in shares of Franklin Responsibly Sourced Gold ETF during the second quarter worth $5,894,000. MRA Advisory Group increased its position in shares of Franklin Responsibly Sourced Gold ETF by 5.4% during the second quarter. MRA Advisory Group now owns 4,658 shares of the company’s stock worth $249,000 after acquiring an additional 240 shares during the period. Sonoma Allocations LLC raised its stake in shares of Franklin Responsibly Sourced Gold ETF by 28.7% in the second quarter. Sonoma Allocations LLC now owns 8,073 shares of the company’s stock valued at $438,000 after acquiring an additional 1,798 shares in the last quarter. Finally, Cornerstone Planning Group LLC boosted its stake in shares of Franklin Responsibly Sourced Gold ETF by 2,359.1% in the 1st quarter. Cornerstone Planning Group LLC now owns 541 shares of the company’s stock valued at $33,000 after buying an additional 519 shares during the period.

About Franklin Responsibly Sourced Gold ETF

The Franklin Responsibly Sourced Gold ETF (FGDL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund provides the price movement of gold spot price, less expenses and liabilities, using gold bars that meet London Bullion Market Associations responsible gold guidance. FGDL was launched on Jun 30, 2022 and is managed by Franklin Templeton.