Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Large Decrease in Short Interest

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 52,162 shares, a drop of 34.9% from the August 15th total of 80,158 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 584,139 shares, the days-to-cover ratio is presently 0.1 days.

Franklin U.S. Core Bond ETF Stock Performance

Shares of Franklin U.S. Core Bond ETF stock traded up $0.08 during trading hours on Thursday, hitting $20.80. The company’s stock had a trading volume of 312,762 shares, compared to its average volume of 456,972. Franklin U.S. Core Bond ETF has a twelve month low of $20.69 and a twelve month high of $21.96. The firm has a fifty day moving average of $21.04 and a 200-day moving average of $21.29.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Capital Analysts LLC increased its position in shares of Franklin U.S. Core Bond ETF by 53,195.9% during the second quarter. Capital Analysts LLC now owns 219,579 shares of the company’s stock valued at $4,699,000 after acquiring an additional 219,167 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF in the 2nd quarter valued at approximately $48,000. RFG Advisory LLC acquired a new position in shares of Franklin U.S. Core Bond ETF in the 2nd quarter worth approximately $3,965,000. NewEdge Advisors LLC lifted its holdings in shares of Franklin U.S. Core Bond ETF by 11.2% in the 2nd quarter. NewEdge Advisors LLC now owns 80,454 shares of the company’s stock worth $1,722,000 after acquiring an additional 8,119 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of Franklin U.S. Core Bond ETF during the 2nd quarter worth approximately $9,607,000.

Franklin U.S. Core Bond ETF Company Profile

The Franklin U.S. Core Bond ETF (FLCB) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S FLCB was launched on Sep 17, 2019 and is managed by Franklin Templeton.