Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 87,593 shares, a growth of 190.0% from the August 15th total of 30,206 shares. Based on an average daily trading volume, of 142,328 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are sold short.
Hedge Funds Weigh In On Franklin Pennsylvania Municipal Income ETF
A hedge fund recently bought a new stake in Franklin Pennsylvania Municipal Income ETF stock. Continuum Advisory LLC bought a new position in shares of Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 6,867 shares of the company’s stock, valued at approximately $51,000. Continuum Advisory LLC owned 0.06% of Franklin Pennsylvania Municipal Income ETF at the end of the most recent reporting period. Institutional investors own 65.72% of the company’s stock.
Franklin Pennsylvania Municipal Income ETF Stock Down 0.1%
FTPA traded down $0.01 on Monday, reaching $8.31. The stock had a trading volume of 28,847 shares, compared to its average volume of 55,746. Franklin Pennsylvania Municipal Income ETF has a 12-month low of $8.29 and a 12-month high of $8.81. The business’s 50-day moving average price is $8.57 and its two-hundred day moving average price is $8.64.
About Franklin Pennsylvania Municipal Income ETF
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.
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