Franklin Exponential Data ETF (BATS:XDAT – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 14,206 shares, a growth of 1,101.9% from the October 15th total of 1,182 shares. Based on an average daily trading volume, of 2,827 shares, the days-to-cover ratio is presently 5.0 days. Currently, 9.5% of the company’s shares are sold short.
Franklin Exponential Data ETF Stock Down 0.5%
Shares of XDAT traded down $0.13 during trading hours on Tuesday, hitting $24.53. The company had a trading volume of 816 shares, compared to its average volume of 1,008. The firm has a market cap of $3.68 million, a P/E ratio of 34.43 and a beta of 1.13. The stock’s 50 day moving average price is $26.90 and its 200 day moving average price is $24.54. Franklin Exponential Data ETF has a 52-week low of $20.15 and a 52-week high of $29.17.
Hedge Funds Weigh In On Franklin Exponential Data ETF
A hedge fund recently raised its stake in Franklin Exponential Data ETF stock. Citadel Advisors LLC boosted its stake in Franklin Exponential Data ETF (BATS:XDAT – Free Report) by 7.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,544 shares of the company’s stock after purchasing an additional 1,181 shares during the period. Citadel Advisors LLC owned about 11.70% of Franklin Exponential Data ETF worth $438,000 at the end of the most recent reporting period.
About Franklin Exponential Data ETF
The Franklin Exponential Data ETF (XDAT) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively-managed to invest in global companies believed to benefit from or facilitate Big Data and its applications such as AI, augmented and virtual reality, software-as-a-service, and personalized advertising and healthcare. XDAT was launched on Jan 12, 2021 and is managed by Franklin Templeton.
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