Franklin FTSE Germany ETF (NYSEARCA:FLGR) Sees Significant Growth in Short Interest

Franklin FTSE Germany ETF (NYSEARCA:FLGRGet Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 2,003 shares, an increase of 348.1% from the June 30th total of 447 shares. Based on an average daily trading volume, of 3,423 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Trading of Franklin FTSE Germany ETF

Institutional investors have recently bought and sold shares of the company. Jane Street Group LLC grew its stake in Franklin FTSE Germany ETF by 10.0% in the fourth quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock valued at $483,000 after purchasing an additional 1,313 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Franklin FTSE Germany ETF during the 2nd quarter worth about $793,000. Bank of America Corp DE lifted its holdings in shares of Franklin FTSE Germany ETF by 8.1% during the 3rd quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock valued at $1,475,000 after buying an additional 3,370 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Franklin FTSE Germany ETF during the 3rd quarter valued at about $2,022,000. Finally, Marotta Asset Management lifted its holdings in shares of Franklin FTSE Germany ETF by 4.2% during the 1st quarter. Marotta Asset Management now owns 227,190 shares of the company’s stock valued at $7,216,000 after buying an additional 9,227 shares during the last quarter.

Franklin FTSE Germany ETF Stock Up 1.4%

Shares of NYSEARCA:FLGR traded up $0.45 during trading on Monday, reaching $32.58. 863 shares of the company traded hands, compared to its average volume of 8,859. The firm has a fifty day simple moving average of $33.03 and a 200 day simple moving average of $33.21. Franklin FTSE Germany ETF has a 1-year low of $29.96 and a 1-year high of $35.18. The firm has a market cap of $37.47 million, a P/E ratio of 17.93 and a beta of 0.96.

Franklin FTSE Germany ETF Company Profile

(Get Free Report)

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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