Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 30,206 shares, a drop of 45.0% from the July 30th total of 54,916 shares. Based on an average daily volume of 45,073 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the company’s stock are short sold.
Franklin Pennsylvania Municipal Income ETF Stock Performance
NYSEARCA:FTPA traded down $0.01 during trading hours on Friday, reaching $8.52. The company’s stock had a trading volume of 101,554 shares, compared to its average volume of 54,557. Franklin Pennsylvania Municipal Income ETF has a 12 month low of $8.49 and a 12 month high of $8.81. The stock has a 50 day moving average price of $8.64 and a two-hundred day moving average price of $8.66.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Franklin Pennsylvania Municipal Income ETF stock. Continuum Advisory LLC acquired a new position in shares of Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 6,867 shares of the company’s stock, valued at approximately $51,000. Continuum Advisory LLC owned about 0.06% of Franklin Pennsylvania Municipal Income ETF at the end of the most recent reporting period. 65.72% of the stock is currently owned by institutional investors and hedge funds.
Franklin Pennsylvania Municipal Income ETF Company Profile
FTAC Parnassus Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify technology and financial services technology companies. The company was formerly known as FTAC General Acquisition Corp. FTAC Parnassus Acquisition Corp. was incorporated in 2020 and is based in Philadelphia, Pennsylvania.
Recommended Stories
- Five stocks we like better than Franklin Pennsylvania Municipal Income ETF
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Receive News & Ratings for Franklin Pennsylvania Municipal Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Pennsylvania Municipal Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
