Franklin Senior Loan ETF (BATS:FLBL – Get Free Report) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 261,149 shares, a drop of 85.9% from the May 14th total of 1,849,248 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 164,567 shares, the days-to-cover ratio is currently 1.6 days.
Franklin Senior Loan ETF Trading Down 0.1%
FLBL stock opened at $22.82 on Friday. The firm has a fifty day moving average price of $23.01 and a two-hundred day moving average price of $23.20. Franklin Senior Loan ETF has a 1-year low of $22.57 and a 1-year high of $24.29.
Hedge Funds Weigh In On Franklin Senior Loan ETF
Institutional investors have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Franklin Senior Loan ETF by 4.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,254 shares of the company’s stock valued at $312,000 after buying an additional 624 shares in the last quarter. Stratos Wealth Advisors LLC raised its position in Franklin Senior Loan ETF by 6.4% during the third quarter. Stratos Wealth Advisors LLC now owns 11,957 shares of the company’s stock valued at $287,000 after acquiring an additional 724 shares in the last quarter. American Financial & Tax Strategies Inc. raised its position in shares of Franklin Senior Loan ETF by 0.7% in the fourth quarter. American Financial & Tax Strategies Inc. now owns 123,221 shares of the company’s stock valued at $2,886,000 after purchasing an additional 808 shares during the period. Regal Investment Advisors LLC increased its position in Franklin Senior Loan ETF by 7.6% during the third quarter. Regal Investment Advisors LLC now owns 12,944 shares of the company’s stock worth $311,000 after acquiring an additional 912 shares during the period. Finally, Wealthcare Advisory Partners LLC increased its position in Franklin Senior Loan ETF by 7.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 14,180 shares of the company’s stock worth $332,000 after acquiring an additional 933 shares during the period.
Franklin Senior Loan ETF Company Profile
The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.
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