Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Short Interest Down 46.1% in March

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 9,883 shares, a decline of 46.1% from the February 26th total of 18,346 shares. Based on an average daily volume of 378,217 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Franklin U.S. Core Bond ETF Stock Up 0.0%

Franklin U.S. Core Bond ETF stock traded up $0.01 during trading hours on Friday, reaching $21.34. 320,408 shares of the company were exchanged, compared to its average volume of 431,014. Franklin U.S. Core Bond ETF has a 12 month low of $20.89 and a 12 month high of $21.96. The stock has a 50-day moving average of $21.67 and a 200 day moving average of $21.70.

Institutional Trading of Franklin U.S. Core Bond ETF

Large investors have recently modified their holdings of the company. Comerica Bank raised its holdings in Franklin U.S. Core Bond ETF by 3.4% in the 4th quarter. Comerica Bank now owns 17,794 shares of the company’s stock worth $385,000 after acquiring an additional 585 shares during the period. NewEdge Advisors LLC grew its position in shares of Franklin U.S. Core Bond ETF by 2.0% in the second quarter. NewEdge Advisors LLC now owns 38,243 shares of the company’s stock valued at $823,000 after purchasing an additional 737 shares during the last quarter. Cullen Frost Bankers Inc. grew its position in shares of Franklin U.S. Core Bond ETF by 2.5% in the third quarter. Cullen Frost Bankers Inc. now owns 31,182 shares of the company’s stock valued at $677,000 after purchasing an additional 756 shares during the last quarter. Clearbridge Investments LLC increased its stake in shares of Franklin U.S. Core Bond ETF by 2.9% in the fourth quarter. Clearbridge Investments LLC now owns 28,862 shares of the company’s stock worth $624,000 after purchasing an additional 821 shares during the period. Finally, Root Financial Partners LLC bought a new position in shares of Franklin U.S. Core Bond ETF in the third quarter worth about $38,000.

About Franklin U.S. Core Bond ETF

The Franklin U.S. Core Bond ETF (FLCB) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S FLCB was launched on Sep 17, 2019 and is managed by Franklin Templeton.