Short Interest in Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) Rises By 220.0%

Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 112 shares, a growth of 220.0% from the May 14th total of 35 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,899 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Franklin U.S. Small Cap Multifactor Index ETF

Several hedge funds have recently modified their holdings of FLQS. Osaic Holdings Inc. raised its holdings in Franklin U.S. Small Cap Multifactor Index ETF by 81.5% during the fourth quarter. Osaic Holdings Inc. now owns 68,112 shares of the company’s stock worth $2,942,000 after purchasing an additional 30,583 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Franklin U.S. Small Cap Multifactor Index ETF during the second quarter worth $256,000. CWM LLC raised its holdings in Franklin U.S. Small Cap Multifactor Index ETF by 506.5% during the fourth quarter. CWM LLC now owns 6,963 shares of the company’s stock worth $301,000 after purchasing an additional 5,815 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its holdings in Franklin U.S. Small Cap Multifactor Index ETF by 2.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 208,789 shares of the company’s stock worth $9,019,000 after purchasing an additional 4,804 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in Franklin U.S. Small Cap Multifactor Index ETF by 41.0% during the third quarter. Bank of America Corp DE now owns 14,404 shares of the company’s stock worth $633,000 after purchasing an additional 4,185 shares during the last quarter.

Franklin U.S. Small Cap Multifactor Index ETF Trading Up 0.7%

Shares of FLQS traded up $0.33 during mid-day trading on Friday, hitting $47.47. The company’s stock had a trading volume of 1,360 shares, compared to its average volume of 8,483. The firm has a 50-day simple moving average of $45.45 and a 200 day simple moving average of $44.59. The firm has a market capitalization of $54.59 million, a P/E ratio of 16.41 and a beta of 0.99. Franklin U.S. Small Cap Multifactor Index ETF has a 1-year low of $40.04 and a 1-year high of $47.66.

About Franklin U.S. Small Cap Multifactor Index ETF

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.