Franklin FTSE Mexico ETF (NYSEARCA:FLMX – Get Free Report) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 876 shares, a drop of 56.1% from the April 15th total of 1,996 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 9,009 shares, the short-interest ratio is currently 0.1 days.
Institutional Investors Weigh In On Franklin FTSE Mexico ETF
A number of institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. boosted its stake in shares of Franklin FTSE Mexico ETF by 7.6% during the 4th quarter. Osaic Holdings Inc. now owns 8,854 shares of the company’s stock valued at $300,000 after buying an additional 626 shares during the period. Comprehensive Money Management Services LLC boosted its stake in shares of Franklin FTSE Mexico ETF by 9.4% during the 1st quarter. Comprehensive Money Management Services LLC now owns 8,180 shares of the company’s stock valued at $300,000 after buying an additional 700 shares during the period. Kaizen Financial Strategies boosted its stake in shares of Franklin FTSE Mexico ETF by 9.2% during the 1st quarter. Kaizen Financial Strategies now owns 9,163 shares of the company’s stock valued at $352,000 after buying an additional 769 shares during the period. HBW Advisory Services LLC boosted its stake in shares of Franklin FTSE Mexico ETF by 11.6% during the 4th quarter. HBW Advisory Services LLC now owns 10,927 shares of the company’s stock valued at $370,000 after buying an additional 1,134 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of Franklin FTSE Mexico ETF by 43.1% during the 3rd quarter. Bank of America Corp DE now owns 15,244 shares of the company’s stock valued at $506,000 after buying an additional 4,593 shares during the period.
Franklin FTSE Mexico ETF Stock Down 2.1%
Shares of NYSEARCA:FLMX traded down $0.81 during trading on Friday, reaching $37.70. 8,828 shares of the company traded hands, compared to its average volume of 28,521. The firm has a fifty day simple moving average of $37.24 and a 200 day simple moving average of $36.06. The firm has a market cap of $90.48 million, a P/E ratio of 12.95 and a beta of 0.77. Franklin FTSE Mexico ETF has a 1-year low of $28.13 and a 1-year high of $40.03.
Franklin FTSE Mexico ETF Company Profile
The Franklin FTSE Mexico ETF (FLMX) is an exchange-traded fund that is based on the FTSE Mexico RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Mexican equities. FLMX was launched on Nov 3, 2017 and is managed by Franklin Templeton.
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