Short Interest in Franklin FTSE Japan ETF (NYSEARCA:FLJP) Decreases By 75.1%

Franklin FTSE Japan ETF (NYSEARCA:FLJP) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 40,558 shares, a drop of 75.1% from the January 15th total of 162,931 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,324,756 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 1,324,756 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

Franklin FTSE Japan ETF Trading Down 0.4%

Shares of NYSEARCA:FLJP opened at $39.92 on Friday. Franklin FTSE Japan ETF has a 1-year low of $25.77 and a 1-year high of $40.22. The stock has a market capitalization of $2.95 billion, a P/E ratio of 14.28 and a beta of 0.65. The business has a 50-day moving average price of $36.12 and a two-hundred day moving average price of $35.15.

Hedge Funds Weigh In On Franklin FTSE Japan ETF

Several large investors have recently bought and sold shares of the business. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Franklin FTSE Japan ETF during the 4th quarter worth $25,000. Sunbelt Securities Inc. boosted its position in shares of Franklin FTSE Japan ETF by 475.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,150 shares of the company’s stock worth $40,000 after purchasing an additional 950 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Franklin FTSE Japan ETF during the fourth quarter worth $41,000. Flagship Harbor Advisors LLC bought a new stake in Franklin FTSE Japan ETF in the fourth quarter valued at about $59,000. Finally, Farther Finance Advisors LLC increased its holdings in Franklin FTSE Japan ETF by 40.7% in the fourth quarter. Farther Finance Advisors LLC now owns 1,806 shares of the company’s stock valued at $62,000 after purchasing an additional 522 shares during the last quarter.

About Franklin FTSE Japan ETF

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.