Franklin Focused Growth ETF (BATS:FFOG) Shares Shorted: Short Interest Down 46.0% in September

Franklin Focused Growth ETF (BATS:FFOG) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 8,631 shares, a decrease of 46.0% from the August 31st total of 15,987 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 17,949 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Franklin Focused Growth ETF

Large investors have recently modified their holdings of the stock. RFG Advisory LLC acquired a new position in Franklin Focused Growth ETF in the second quarter worth about $253,000. Western Wealth Management LLC acquired a new stake in Franklin Focused Growth ETF during the first quarter valued at approximately $249,000. World Investment Advisors acquired a new stake in Franklin Focused Growth ETF during the first quarter valued at approximately $263,000. Foundations Investment Advisors LLC lifted its holdings in Franklin Focused Growth ETF by 62.3% during the 4th quarter. Foundations Investment Advisors LLC now owns 9,498 shares of the company’s stock worth $444,000 after buying an additional 3,647 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in Franklin Focused Growth ETF by 22.6% during the 1st quarter. Kestra Advisory Services LLC now owns 11,938 shares of the company’s stock worth $490,000 after buying an additional 2,204 shares during the last quarter.

Franklin Focused Growth ETF Price Performance

BATS FFOG opened at $51.91 on Thursday. The company has a market capitalization of $176.49 million, a price-to-earnings ratio of 47.17 and a beta of 1.43. Franklin Focused Growth ETF has a 12 month low of $38.89 and a 12 month high of $52.50. The company’s fifty day moving average price is $49.67 and its two-hundred day moving average price is $48.46.

About Franklin Focused Growth ETF

The Franklin Focused Growth ETF FOCUSED GROWTH ETF (FFOG) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in equities perceived to have strong fundamentals and prospects for growth. The fund does not limit investments to any particular market-cap, industry or geography. FFOG was launched on Apr 13, 2016 and is issued by Franklin Templeton.