Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Short Interest Up 226.6% in December

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 82,184 shares, a growth of 226.6% from the December 15th total of 25,164 shares. Approximately 2.8% of the company’s stock are short sold. Based on an average daily volume of 37,923 shares, the short-interest ratio is presently 2.2 days. Based on an average daily volume of 37,923 shares, the short-interest ratio is presently 2.2 days. Approximately 2.8% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. National Bank of Canada FI raised its position in Franklin FTSE Japan Hedged ETF by 15.7% in the 3rd quarter. National Bank of Canada FI now owns 5,486 shares of the company’s stock valued at $197,000 after purchasing an additional 743 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in Franklin FTSE Japan Hedged ETF during the 4th quarter worth approximately $305,000. Citadel Advisors LLC increased its position in shares of Franklin FTSE Japan Hedged ETF by 49.1% in the 3rd quarter. Citadel Advisors LLC now owns 42,311 shares of the company’s stock valued at $1,525,000 after purchasing an additional 13,928 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Franklin FTSE Japan Hedged ETF in the 2nd quarter valued at $1,378,000. Finally, Jane Street Group LLC purchased a new stake in shares of Franklin FTSE Japan Hedged ETF during the 1st quarter worth $1,730,000.

Franklin FTSE Japan Hedged ETF Stock Down 0.5%

Franklin FTSE Japan Hedged ETF stock traded down $0.21 during mid-day trading on Tuesday, reaching $39.79. 15,441 shares of the company’s stock were exchanged, compared to its average volume of 29,788. Franklin FTSE Japan Hedged ETF has a twelve month low of $26.01 and a twelve month high of $40.27. The company has a market cap of $115.39 million, a P/E ratio of 14.42 and a beta of 0.37. The company has a fifty day moving average of $38.77 and a 200-day moving average of $36.46.

About Franklin FTSE Japan Hedged ETF

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.