Franklin FTSE South Korea ETF (NYSEARCA:FLKR – Get Free Report) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 425,408 shares, a decrease of 45.2% from the April 15th total of 775,669 shares. Based on an average daily volume of 570,113 shares, the short-interest ratio is currently 0.7 days. Approximately 2.9% of the company’s shares are short sold.
Franklin FTSE South Korea ETF Stock Down 5.7%
Shares of Franklin FTSE South Korea ETF stock traded down $3.53 during trading on Friday, reaching $58.06. The company’s stock had a trading volume of 407,497 shares, compared to its average volume of 523,558. Franklin FTSE South Korea ETF has a 52-week low of $19.91 and a 52-week high of $62.92. The company has a market cap of $859.29 million, a price-to-earnings ratio of 10.49 and a beta of 1.39. The firm’s 50-day moving average is $46.92 and its two-hundred day moving average is $39.59.
Institutional Investors Weigh In On Franklin FTSE South Korea ETF
A number of institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers purchased a new stake in shares of Franklin FTSE South Korea ETF in the 1st quarter valued at $382,000. Spartan Wealth Advisory Services LLC purchased a new stake in shares of Franklin FTSE South Korea ETF in the 1st quarter valued at $1,334,000. Wealthfront Advisers LLC bought a new stake in Franklin FTSE South Korea ETF during the 1st quarter valued at $723,000. Hsbc Holdings PLC bought a new stake in Franklin FTSE South Korea ETF during the 4th quarter valued at $722,000. Finally, Vident Advisory LLC raised its holdings in Franklin FTSE South Korea ETF by 1,154.9% during the 4th quarter. Vident Advisory LLC now owns 108,363 shares of the company’s stock valued at $3,473,000 after buying an additional 99,728 shares during the last quarter.
Franklin FTSE South Korea ETF Company Profile
The Franklin FTSE South Korea ETF (FLKR) is an exchange-traded fund that is based on the FTSE South Korea RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap South Korean companies. FLKR was launched on Nov 2, 2017 and is managed by Franklin Templeton.
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