Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Short Interest Down 60.2% in June

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) was the target of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 4,752 shares, a decrease of 60.2% from the June 15th total of 11,934 shares. Based on an average trading volume of 154,393 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Franklin FTSE Taiwan ETF Trading Up 0.5%

NYSEARCA:FLTW traded up $0.53 during midday trading on Wednesday, reaching $98.95. The company had a trading volume of 328,297 shares, compared to its average volume of 471,544. Franklin FTSE Taiwan ETF has a 12-month low of $52.92 and a 12-month high of $110.32. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of 17.84 and a beta of 1.10. The stock’s fifty day simple moving average is $99.07 and its 200-day simple moving average is $80.17.

Institutional Trading of Franklin FTSE Taiwan ETF

A number of large investors have recently made changes to their positions in FLTW. Jane Street Group LLC grew its holdings in Franklin FTSE Taiwan ETF by 281.4% during the 4th quarter. Jane Street Group LLC now owns 596,465 shares of the company’s stock worth $36,289,000 after acquiring an additional 440,060 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Franklin FTSE Taiwan ETF by 464.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 498,297 shares of the company’s stock valued at $30,316,000 after buying an additional 410,093 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Franklin FTSE Taiwan ETF by 27.5% in the first quarter. Principal Financial Group Inc. now owns 916,005 shares of the company’s stock valued at $62,389,000 after buying an additional 197,716 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Franklin FTSE Taiwan ETF by 261.4% in the third quarter. JPMorgan Chase & Co. now owns 251,060 shares of the company’s stock valued at $14,745,000 after buying an additional 181,593 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in Franklin FTSE Taiwan ETF by 323.4% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 173,898 shares of the company’s stock valued at $9,076,000 after buying an additional 132,829 shares in the last quarter.

Franklin FTSE Taiwan ETF Company Profile

The Franklin FTSE Taiwan ETF (FLTW) is an exchange-traded fund that is based on the FTSE Taiwan RIC Capped index, a market-cap-weighted index of Taiwanese companies, excluding small-caps. FLTW was launched on Nov 2, 2017 and is managed by Franklin Templeton.