Franklin FTSE Australia ETF (NYSEARCA:FLAU) Stock Short Interest Report for September

Franklin FTSE Australia ETF (NYSEARCA:FLAU) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 14,576 shares, an increase of 111.5% from the September 15th total of 6,893 shares. Based on an average trading volume of 23,674 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On Franklin FTSE Australia ETF

Several institutional investors have recently modified their holdings of FLAU. Citadel Advisors LLC increased its position in shares of Franklin FTSE Australia ETF by 76.8% during the 2nd quarter. Citadel Advisors LLC now owns 23,806 shares of the company’s stock valued at $801,000 after purchasing an additional 10,339 shares during the last quarter. Bank of America Corp DE increased its position in Franklin FTSE Australia ETF by 386.5% during the first quarter. Bank of America Corp DE now owns 6,777 shares of the company’s stock valued at $223,000 after acquiring an additional 5,384 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Franklin FTSE Australia ETF by 74.5% during the first quarter. EverSource Wealth Advisors LLC now owns 17,347 shares of the company’s stock valued at $571,000 after acquiring an additional 7,406 shares during the last quarter. Finally, Vivaldi Capital Management LP bought a new position in Franklin FTSE Australia ETF during the first quarter valued at $202,000.

Franklin FTSE Australia ETF Stock Down 0.7%

FLAU traded down $0.24 on Wednesday, hitting $33.98. The company had a trading volume of 2,771 shares, compared to its average volume of 31,736. The company has a market cap of $212.37 million, a PE ratio of 20.41 and a beta of 0.99. Franklin FTSE Australia ETF has a 12-month low of $30.00 and a 12-month high of $39.87. The business’s fifty day simple moving average is $35.09 and its 200 day simple moving average is $34.64.

Franklin FTSE Australia ETF Company Profile

The Franklin FTSE Australia ETF (FLAU) is an exchange-traded fund that is based on the FTSE Australia RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Australian stocks. FLAU was launched on Nov 2, 2017 and is managed by Franklin Templeton.