Franklin FTSE Japan ETF (NYSEARCA:FLJP) Sees Significant Decline in Short Interest

Franklin FTSE Japan ETF (NYSEARCA:FLJPGet Free Report) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 251,574 shares, a decline of 38.6% from the June 30th total of 409,992 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,686,850 shares, the short-interest ratio is presently 0.1 days.

Franklin FTSE Japan ETF Price Performance

Shares of NYSEARCA FLJP traded down $0.39 during mid-day trading on Friday, hitting $39.38. The company had a trading volume of 778,215 shares, compared to its average volume of 1,258,926. The company has a market capitalization of $3.90 billion, a PE ratio of 14.28 and a beta of 0.65. Franklin FTSE Japan ETF has a 1-year low of $31.59 and a 1-year high of $41.53. The business’s 50-day simple moving average is $39.65 and its 200 day simple moving average is $38.30.

Institutional Investors Weigh In On Franklin FTSE Japan ETF

Several large investors have recently bought and sold shares of FLJP. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Franklin FTSE Japan ETF in the 4th quarter valued at about $25,000. Sunbelt Securities Inc. increased its stake in shares of Franklin FTSE Japan ETF by 475.0% during the third quarter. Sunbelt Securities Inc. now owns 1,150 shares of the company’s stock worth $40,000 after buying an additional 950 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Franklin FTSE Japan ETF during the fourth quarter worth approximately $41,000. Flagship Harbor Advisors LLC acquired a new stake in Franklin FTSE Japan ETF in the fourth quarter valued at approximately $59,000. Finally, Farther Finance Advisors LLC raised its holdings in Franklin FTSE Japan ETF by 40.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,806 shares of the company’s stock valued at $62,000 after acquiring an additional 522 shares in the last quarter.

Franklin FTSE Japan ETF Company Profile

(Get Free Report)

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.

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