Franklin Disruptive Commerce ETF (BATS:BUYZ) Sees Large Decline in Short Interest

Franklin Disruptive Commerce ETF (BATS:BUYZ) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 40 shares, a drop of 66.9% from the August 15th total of 121 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 268 shares, the short-interest ratio is currently 0.1 days.

Franklin Disruptive Commerce ETF Stock Performance

Shares of BUYZ opened at $34.84 on Monday. The stock has a market capitalization of $6.97 million, a PE ratio of 42.43 and a beta of 1.37. Franklin Disruptive Commerce ETF has a fifty-two week low of $30.81 and a fifty-two week high of $44.78. The company has a 50 day moving average price of $35.64 and a 200-day moving average price of $34.52.

Institutional Investors Weigh In On Franklin Disruptive Commerce ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BUYZ. Jane Street Group LLC acquired a new stake in Franklin Disruptive Commerce ETF during the 1st quarter valued at approximately $304,000. Citadel Advisors LLC acquired a new stake in Franklin Disruptive Commerce ETF during the third quarter worth about $307,000. Arax Advisory Partners purchased a new stake in Franklin Disruptive Commerce ETF in the fourth quarter valued at $42,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Franklin Disruptive Commerce ETF in the 4th quarter valued at approximately $33,000.

Franklin Disruptive Commerce ETF Company Profile

The Franklin Disruptive Commerce ETF (BUYZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global equities expecting to benefit from disruptive commerce for consumers and businesses. BUYZ was launched on Feb 25, 2020 and is managed by Franklin Templeton.