Franklin FTSE Mexico ETF (NYSEARCA:FLMX – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 35,613 shares, an increase of 140.2% from the August 31st total of 14,827 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average trading volume of 4,625 shares, the short-interest ratio is presently 7.7 days.
Franklin FTSE Mexico ETF Stock Performance
Shares of Franklin FTSE Mexico ETF stock opened at $35.08 on Tuesday. The firm has a market cap of $80.68 million, a PE ratio of 12.95 and a beta of 0.76. The firm’s 50-day simple moving average is $36.78 and its 200-day simple moving average is $37.17. Franklin FTSE Mexico ETF has a 1 year low of $31.32 and a 1 year high of $40.03.
Institutional Trading of Franklin FTSE Mexico ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Comprehensive Money Management Services LLC boosted its holdings in shares of Franklin FTSE Mexico ETF by 9.4% during the first quarter. Comprehensive Money Management Services LLC now owns 8,180 shares of the company’s stock valued at $300,000 after acquiring an additional 700 shares during the period. Kaizen Financial Strategies lifted its holdings in Franklin FTSE Mexico ETF by 9.2% in the first quarter. Kaizen Financial Strategies now owns 9,163 shares of the company’s stock worth $352,000 after purchasing an additional 769 shares during the period. PCG Wealth Advisors LLC raised its position in shares of Franklin FTSE Mexico ETF by 1.1% during the 2nd quarter. PCG Wealth Advisors LLC now owns 101,810 shares of the company’s stock worth $3,728,000 after buying an additional 1,120 shares in the last quarter. HBW Advisory Services LLC increased its stake in shares of Franklin FTSE Mexico ETF by 41.8% during the first quarter. HBW Advisory Services LLC now owns 15,492 shares of the company’s stock valued at $569,000 after acquiring an additional 4,565 shares during the period. Finally, Citadel Advisors LLC lifted its position in Franklin FTSE Mexico ETF by 19.8% in the second quarter. Citadel Advisors LLC now owns 33,249 shares of the company’s stock worth $1,217,000 after purchasing an additional 5,505 shares during the period.
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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