Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Up 2,492.5% in December

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 13,507 shares, an increase of 2,492.5% from the November 30th total of 521 shares. Based on an average daily volume of 33,447 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.5% of the company’s stock are short sold. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 33,447 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Franklin Liberty Short Duration US Government ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. IFP Advisors Inc bought a new position in Franklin Liberty Short Duration US Government ETF in the 3rd quarter worth about $288,000. Susquehanna International Group LLP increased its stake in Franklin Liberty Short Duration US Government ETF by 148.1% during the 3rd quarter. Susquehanna International Group LLP now owns 12,993 shares of the company’s stock valued at $1,183,000 after purchasing an additional 7,757 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in Franklin Liberty Short Duration US Government ETF by 183.7% in the third quarter. Integrated Wealth Concepts LLC now owns 102,504 shares of the company’s stock worth $9,334,000 after buying an additional 66,373 shares during the last quarter. Flow Traders U.S. LLC lifted its stake in shares of Franklin Liberty Short Duration US Government ETF by 24.6% in the third quarter. Flow Traders U.S. LLC now owns 13,373 shares of the company’s stock worth $1,218,000 after buying an additional 2,637 shares in the last quarter. Finally, Citadel Advisors LLC lifted its stake in shares of Franklin Liberty Short Duration US Government ETF by 411.1% in the third quarter. Citadel Advisors LLC now owns 47,750 shares of the company’s stock worth $4,348,000 after buying an additional 38,407 shares in the last quarter.

Franklin Liberty Short Duration US Government ETF Stock Up 0.2%

FTSD stock traded up $0.21 on Thursday, reaching $90.94. 65,947 shares of the company traded hands, compared to its average volume of 30,846. Franklin Liberty Short Duration US Government ETF has a one year low of $89.41 and a one year high of $93.47. The firm has a fifty day simple moving average of $90.97 and a 200-day simple moving average of $90.84.

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.