Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) Stock Short Interest Report for October

Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 5,418 shares, a drop of 85.4% from the September 30th total of 37,117 shares. Based on an average daily volume of 33,713 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Franklin Municipal Green Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Commonwealth Financial Services LLC boosted its holdings in shares of Franklin Municipal Green Bond ETF by 2.2% in the 1st quarter. Commonwealth Financial Services LLC now owns 21,675 shares of the company’s stock worth $512,000 after acquiring an additional 459 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of Franklin Municipal Green Bond ETF in the first quarter valued at about $110,000. PNC Financial Services Group Inc. raised its holdings in shares of Franklin Municipal Green Bond ETF by 1,701.0% in the first quarter. PNC Financial Services Group Inc. now owns 5,295 shares of the company’s stock valued at $125,000 after buying an additional 5,001 shares during the last quarter. Finally, PFG Investments LLC acquired a new position in Franklin Municipal Green Bond ETF during the 1st quarter worth about $446,000.

Franklin Municipal Green Bond ETF Stock Up 0.0%

Shares of Franklin Municipal Green Bond ETF stock traded up $0.00 during trading on Thursday, hitting $22.66. 2,786 shares of the stock traded hands, compared to its average volume of 20,839. The company has a fifty day moving average price of $22.55 and a two-hundred day moving average price of $23.50. Franklin Municipal Green Bond ETF has a twelve month low of $21.65 and a twelve month high of $24.29.

About Franklin Municipal Green Bond ETF

The Franklin Municipal Green Bond ETF (FLMB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with a broad range in maturities, that intend to finance projects promoting environmental sustainability. FLMB was launched on Aug 31, 2017 and is managed by Franklin Templeton.