Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Get Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 166,582 shares, an increase of 142.9% from the April 15th total of 68,577 shares. Based on an average daily volume of 70,514 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.7% 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. Boston Family Office LLC bought a new position in Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 65,516 shares of the company’s stock, valued at approximately $565,000. Boston Family Office LLC owned 0.19% of Franklin Pennsylvania Municipal Income ETF as of its most recent filing with the SEC. 65.72% of the stock is owned by institutional investors and hedge funds.
Franklin Pennsylvania Municipal Income ETF Price Performance
Franklin Pennsylvania Municipal Income ETF stock traded down $0.06 during trading on Friday, reaching $8.59. The company had a trading volume of 26,804 shares, compared to its average volume of 53,961. Franklin Pennsylvania Municipal Income ETF has a 52 week low of $8.49 and a 52 week high of $8.81. The firm’s 50-day simple moving average is $8.65 and its 200 day simple moving average is $8.77.
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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