Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Shares Shorted: Short Interest Down 70.3% in September

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 2,576 shares, a drop of 70.3% from the August 31st total of 8,687 shares. Based on an average trading volume of 37,224 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Franklin Liberty Short Duration US Government ETF Stock Up 0.1%

FTSD stock opened at $89.08 on Friday. Franklin Liberty Short Duration US Government ETF has a one year low of $88.91 and a one year high of $91.51. The company has a 50 day moving average price of $89.85 and a two-hundred day moving average price of $90.23.

Institutional Investors Weigh In On Franklin Liberty Short Duration US Government ETF

Several hedge funds have recently made changes to their positions in the business. Continuum Advisory LLC purchased a new stake in shares of Franklin Liberty Short Duration US Government ETF in the second quarter valued at $29,000. World Investment Advisors increased its stake in Franklin Liberty Short Duration US Government ETF by 7.3% in the fourth quarter. World Investment Advisors now owns 3,578 shares of the company’s stock valued at $326,000 after purchasing an additional 244 shares during the last quarter. Kestra Advisory Services LLC lifted its position in Franklin Liberty Short Duration US Government ETF by 75.5% during the first quarter. Kestra Advisory Services LLC now owns 4,806 shares of the company’s stock worth $436,000 after buying an additional 2,067 shares during the period. Asset Allocation Strategies LLC purchased a new position in Franklin Liberty Short Duration US Government ETF during the first quarter worth about $439,000. Finally, Janney Montgomery Scott LLC boosted its stake in Franklin Liberty Short Duration US Government ETF by 74.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 6,208 shares of the company’s stock worth $564,000 after buying an additional 2,651 shares during the last quarter.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.