Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Short Interest Up 96.1% in February

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 171,599 shares, a growth of 96.1% from the January 29th total of 87,515 shares. Based on an average trading volume of 277,769 shares, the short-interest ratio is presently 0.6 days. Approximately 1.6% of the shares of the stock are short sold. Approximately 1.6% of the shares of the stock are short sold. Based on an average trading volume of 277,769 shares, the short-interest ratio is presently 0.6 days.

Franklin FTSE Taiwan ETF Stock Down 0.7%

Franklin FTSE Taiwan ETF stock traded down $0.52 during mid-day trading on Friday, hitting $73.30. 182,717 shares of the company were exchanged, compared to its average volume of 385,954. The company has a market capitalization of $798.97 million, a PE ratio of 17.84 and a beta of 0.94. The business has a fifty day moving average of $66.21 and a 200 day moving average of $61.44. Franklin FTSE Taiwan ETF has a 1-year low of $35.82 and a 1-year high of $74.74.

Hedge Funds Weigh In On Franklin FTSE Taiwan ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLTW. Jane Street Group LLC grew its stake in Franklin FTSE Taiwan ETF by 281.4% during the fourth quarter. Jane Street Group LLC now owns 596,465 shares of the company’s stock worth $36,289,000 after buying an additional 440,060 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Franklin FTSE Taiwan ETF by 464.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 498,297 shares of the company’s stock worth $30,316,000 after acquiring an additional 410,093 shares during the last quarter. JPMorgan Chase & Co. grew its position in Franklin FTSE Taiwan ETF by 261.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 251,060 shares of the company’s stock worth $14,745,000 after acquiring an additional 181,593 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its holdings in Franklin FTSE Taiwan ETF by 323.4% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 173,898 shares of the company’s stock valued at $9,076,000 after purchasing an additional 132,829 shares in the last quarter. Finally, Susquehanna International Group LLP bought a new position in Franklin FTSE Taiwan ETF in the 3rd quarter valued at $5,194,000.

Franklin FTSE Taiwan ETF Company Profile

The Franklin FTSE Taiwan ETF (FLTW) is an exchange-traded fund that is based on the FTSE Taiwan RIC Capped index, a market-cap-weighted index of Taiwanese companies, excluding small-caps. FLTW was launched on Nov 2, 2017 and is managed by Franklin Templeton.