Franklin Senior Loan ETF (BATS:FLBL) Stock Short Interest Falls 39.5%

Franklin Senior Loan ETF (BATS:FLBL) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 208,119 shares, a drop of 39.5% from the September 30th total of 343,809 shares. Based on an average daily volume of 656,514 shares, the short-interest ratio is currently 0.3 days. Currently, 0.5% of the shares of the company are short sold.

Franklin Senior Loan ETF Trading Down 1.2%

Franklin Senior Loan ETF stock opened at $22.55 on Tuesday. Franklin Senior Loan ETF has a 52 week low of $22.54 and a 52 week high of $23.78. The stock has a 50-day simple moving average of $22.91 and a 200 day simple moving average of $23.00.

Institutional Trading of Franklin Senior Loan ETF

Hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp raised its position in shares of Franklin Senior Loan ETF by 655.5% in the first quarter. Bank of New York Mellon Corp now owns 1,933,014 shares of the company’s stock valued at $44,459,000 after purchasing an additional 1,677,153 shares during the period. Prentice Wealth Management LLC boosted its holdings in shares of Franklin Senior Loan ETF by 11.8% during the 3rd quarter. Prentice Wealth Management LLC now owns 723,393 shares of the company’s stock worth $16,638,000 after buying an additional 76,529 shares during the period. Assetmark Inc. boosted its holdings in shares of Franklin Senior Loan ETF by 19.4% during the 1st quarter. Assetmark Inc. now owns 435,364 shares of the company’s stock worth $10,013,000 after buying an additional 70,667 shares during the period. Fifth Third Securities Inc. boosted its holdings in shares of Franklin Senior Loan ETF by 32.4% during the 3rd quarter. Fifth Third Securities Inc. now owns 382,865 shares of the company’s stock worth $8,806,000 after buying an additional 93,656 shares during the period. Finally, DORVAL Corp grew its stake in Franklin Senior Loan ETF by 2.7% in the 3rd quarter. DORVAL Corp now owns 355,372 shares of the company’s stock valued at $8,174,000 after buying an additional 9,314 shares during the last quarter.

Franklin Senior Loan ETF Company Profile

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.