Franklin FTSE Germany ETF (NYSEARCA:FLGR – Get Free Report) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 330 shares, a decline of 52.7% from the August 31st total of 697 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,865 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Investors Weigh In On Franklin FTSE Germany ETF
A number of institutional investors have recently modified their holdings of FLGR. Marotta Asset Management raised its position in shares of Franklin FTSE Germany ETF by 4.2% in the 1st quarter. Marotta Asset Management now owns 227,190 shares of the company’s stock worth $7,216,000 after purchasing an additional 9,227 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Franklin FTSE Germany ETF in the 2nd quarter worth $391,000. Finally, Bank of America Corp DE raised its stake in shares of Franklin FTSE Germany ETF by 29.8% in the first quarter. Bank of America Corp DE now owns 63,848 shares of the company’s stock worth $1,997,000 after purchasing an additional 14,660 shares during the last quarter.
Franklin FTSE Germany ETF Stock Down 1.4%
Shares of NYSEARCA:FLGR traded down $0.44 during midday trading on Wednesday, reaching $32.14. The company’s stock had a trading volume of 2,038 shares, compared to its average volume of 7,414. The firm has a 50 day moving average of $33.60 and a 200-day moving average of $33.05. The firm has a market capitalization of $36.96 million, a P/E ratio of 17.93 and a beta of 0.96. Franklin FTSE Germany ETF has a 12-month low of $29.96 and a 12-month high of $35.18.
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.
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