Franklin FTSE Saudi Arabia ETF (NYSEARCA:FLSA) Short Interest Update

Franklin FTSE Saudi Arabia ETF (NYSEARCA:FLSA) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 459 shares, a decline of 45.6% from the May 31st total of 843 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 751 shares, the days-to-cover ratio is presently 0.6 days.

Franklin FTSE Saudi Arabia ETF Trading Up 0.6%

Shares of FLSA traded up $0.20 during mid-day trading on Wednesday, hitting $32.19. The company’s stock had a trading volume of 701 shares, compared to its average volume of 7,049. The firm has a 50-day simple moving average of $33.34 and a 200 day simple moving average of $33.07. The firm has a market capitalization of $4.83 million, a P/E ratio of 15.61 and a beta of 0.27. Franklin FTSE Saudi Arabia ETF has a 1-year low of $30.88 and a 1-year high of $35.38.

Institutional Investors Weigh In On Franklin FTSE Saudi Arabia ETF

A hedge fund recently bought a new stake in Franklin FTSE Saudi Arabia ETF stock. Jane Street Group LLC purchased a new position in shares of Franklin FTSE Saudi Arabia ETF (NYSEARCA:FLSA) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 7,301 shares of the company’s stock, valued at approximately $240,000. Jane Street Group LLC owned 1.33% of Franklin FTSE Saudi Arabia ETF as of its most recent SEC filing.

About Franklin FTSE Saudi Arabia ETF

The Franklin FTSE Saudi Arabia ETF (FLSA) is an exchange-traded fund that is based on the FTSE Saudi Arabia RIC Capped index, a market-cap-weighted index of Saudi Arabian equities, excluding small-caps. FLSA was launched on Oct 9, 2018 and is managed by Franklin Templeton.