Franklin Exponential Data ETF (BATS:XDAT – Get Free Report) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 515 shares, an increase of 144.1% from the July 30th total of 211 shares. Based on an average trading volume of 804 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the company are short sold.
Franklin Exponential Data ETF Stock Up 4.8%
Shares of BATS:XDAT opened at $27.22 on Friday. The company’s 50-day moving average price is $25.33 and its 200 day moving average price is $23.73. The company has a market cap of $4.08 million, a PE ratio of 45.15 and a beta of 1.11. Franklin Exponential Data ETF has a fifty-two week low of $20.15 and a fifty-two week high of $28.78.
Institutional Investors Weigh In On Franklin Exponential Data ETF
An institutional investor recently raised its stake in Franklin Exponential Data ETF stock. Truist Financial Corp lifted its holdings in shares of Franklin Exponential Data ETF (BATS:XDAT – Free Report) by 8.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,303 shares of the company’s stock after buying an additional 2,566 shares during the period. Truist Financial Corp owned approximately 20.87% of Franklin Exponential Data ETF worth $809,000 at the end of the most recent reporting period.
Franklin Exponential Data ETF Company Profile
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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