Franklin Senior Loan ETF (BATS:FLBL) Sees Large Increase in Short Interest

Franklin Senior Loan ETF (BATS:FLBL) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 727,361 shares, a growth of 247.0% from the July 15th total of 209,639 shares. Currently, 1.6% of the shares of the stock are short sold. Based on an average daily volume of 214,718 shares, the days-to-cover ratio is presently 3.4 days.

Franklin Senior Loan ETF Trading Up 0.0%

Shares of BATS FLBL opened at $23.04 on Thursday. Franklin Senior Loan ETF has a 52 week low of $22.57 and a 52 week high of $24.22. The firm has a 50-day moving average price of $22.93 and a 200 day moving average price of $23.00.

Institutional Investors Weigh In On Franklin Senior Loan ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FLBL. Eagle Bay Advisors LLC purchased a new stake in shares of Franklin Senior Loan ETF during the 4th quarter worth approximately $25,000. Fifth Third Bancorp purchased a new position in Franklin Senior Loan ETF in the 1st quarter valued at approximately $32,000. Flagship Harbor Advisors LLC purchased a new position in Franklin Senior Loan ETF in the 4th quarter valued at approximately $33,000. Geneos Wealth Management Inc. raised its holdings in Franklin Senior Loan ETF by 218.8% during the first quarter. Geneos Wealth Management Inc. now owns 2,550 shares of the company’s stock worth $61,000 after purchasing an additional 1,750 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its holdings in Franklin Senior Loan ETF by 690.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,493 shares of the company’s stock worth $82,000 after purchasing an additional 3,051 shares during the last quarter.

Franklin Senior Loan ETF Company Profile

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.