Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Update

Franklin FTSE Germany ETF (NYSEARCA:FLGR) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 353 shares, a decrease of 80.8% from the May 31st total of 1,839 shares. Based on an average daily trading volume, of 2,673 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Franklin FTSE Germany ETF Stock Up 1.2%

NYSEARCA FLGR opened at $32.97 on Friday. Franklin FTSE Germany ETF has a 52 week low of $29.96 and a 52 week high of $35.18. The firm has a market capitalization of $42.86 million, a price-to-earnings ratio of 17.93 and a beta of 0.95. The company has a fifty day moving average of $33.47 and a two-hundred day moving average of $33.38.

Hedge Funds Weigh In On Franklin FTSE Germany ETF

Several hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC raised its position in Franklin FTSE Germany ETF by 10.0% in the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock worth $483,000 after purchasing an additional 1,313 shares during the period. JPMorgan Chase & Co. purchased a new position in shares of Franklin FTSE Germany ETF during the second quarter valued at approximately $793,000. Bank of America Corp DE grew its stake in shares of Franklin FTSE Germany ETF by 8.1% during the third quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock valued at $1,475,000 after buying an additional 3,370 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of Franklin FTSE Germany ETF during the third quarter valued at approximately $2,022,000. Finally, Marotta Asset Management raised its holdings in shares of Franklin FTSE Germany ETF by 8.9% in the fourth quarter. Marotta Asset Management now owns 217,963 shares of the company’s stock worth $7,309,000 after buying an additional 17,798 shares during the period.

About Franklin FTSE Germany ETF

The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.