Franklin FTSE Germany ETF (NYSEARCA:FLGR – Get Free Report) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 353 shares, a decrease of 80.8% from the May 31st total of 1,839 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,673 shares, the short-interest ratio is presently 0.1 days.
Franklin FTSE Germany ETF Stock Down 4.0%
Shares of NYSEARCA FLGR traded down $1.31 during midday trading on Friday, reaching $31.66. 1,951 shares of the company were exchanged, compared to its average volume of 9,787. Franklin FTSE Germany ETF has a one year low of $29.96 and a one year high of $35.18. The stock has a market cap of $41.16 million, a P/E ratio of 17.93 and a beta of 0.95. The stock’s 50-day moving average price is $33.43 and its 200-day moving average price is $33.37.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its holdings in shares of Franklin FTSE Germany ETF by 10.0% in the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock worth $483,000 after purchasing an additional 1,313 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Franklin FTSE Germany ETF during the 2nd quarter valued at about $793,000. Bank of America Corp DE lifted its position in Franklin FTSE Germany ETF by 8.1% in the 3rd quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock worth $1,475,000 after buying an additional 3,370 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in Franklin FTSE Germany ETF in the third quarter worth approximately $2,022,000. Finally, Marotta Asset Management boosted its stake in Franklin FTSE Germany ETF by 8.9% in the fourth quarter. Marotta Asset Management now owns 217,963 shares of the company’s stock worth $7,309,000 after buying an additional 17,798 shares in the last quarter.
About Franklin FTSE Germany ETF
The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.
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