Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) Short Interest Update

Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 2,653 shares, a decline of 91.4% from the June 30th total of 30,922 shares. Based on an average daily trading volume, of 375,989 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Franklin Ultra Short Bond ETF Trading Up 0.0%

Shares of NYSEARCA:FLUD traded up $0.01 during mid-day trading on Friday, reaching $25.01. 84,068 shares of the company traded hands, compared to its average volume of 178,683. The company’s 50 day moving average price is $24.99 and its 200-day moving average price is $25.00. Franklin Ultra Short Bond ETF has a 52 week low of $24.85 and a 52 week high of $26.07.

Hedge Funds Weigh In On Franklin Ultra Short Bond ETF

A number of hedge funds have recently modified their holdings of FLUD. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Franklin Ultra Short Bond ETF during the 4th quarter valued at $893,000. Kestra Private Wealth Services LLC bought a new position in Franklin Ultra Short Bond ETF in the 1st quarter worth $5,378,000. LPL Financial LLC boosted its holdings in Franklin Ultra Short Bond ETF by 57.3% in the 4th quarter. LPL Financial LLC now owns 176,008 shares of the company’s stock worth $4,397,000 after buying an additional 64,095 shares during the period. Royal Bank of Canada increased its stake in Franklin Ultra Short Bond ETF by 713.9% in the 4th quarter. Royal Bank of Canada now owns 171,725 shares of the company’s stock worth $4,291,000 after buying an additional 150,627 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC purchased a new stake in Franklin Ultra Short Bond ETF in the 4th quarter worth $999,000.

Franklin Ultra Short Bond ETF Company Profile

The Franklin Ultra Short Bond ETF (FLUD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of broad investment-grade, ultra-short term bonds. FLUD was launched on Jul 14, 2020 and is managed by Franklin Templeton.