Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Stock Short Interest Report for September

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 136,924 shares, an increase of 267.4% from the September 15th total of 37,265 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 537,733 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Envestnet Asset Management Inc. grew its position in shares of Franklin U.S. Core Bond ETF by 2.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,417,696 shares of the company’s stock valued at $30,339,000 after acquiring an additional 38,042 shares during the period. Capital Analysts LLC increased its stake in shares of Franklin U.S. Core Bond ETF by 53,195.9% in the 2nd quarter. Capital Analysts LLC now owns 219,579 shares of the company’s stock worth $4,699,000 after purchasing an additional 219,167 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in Franklin U.S. Core Bond ETF in the 2nd quarter worth $48,000. RFG Advisory LLC bought a new position in Franklin U.S. Core Bond ETF in the 2nd quarter worth $3,965,000. Finally, NewEdge Advisors LLC raised its holdings in 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 purchasing an additional 8,119 shares during the period.

Franklin U.S. Core Bond ETF Stock Performance

NYSEARCA FLCB traded up $0.03 during trading hours on Tuesday, hitting $20.45. 109,053 shares of the company’s stock traded hands, compared to its average volume of 471,992. The business’s fifty day moving average price is $20.82 and its two-hundred day moving average price is $21.16. Franklin U.S. Core Bond ETF has a 52 week low of $20.25 and a 52 week high of $21.96.

About Franklin U.S. Core Bond ETF

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.