Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Sees Significant Drop in Short Interest

Franklin U.S. Core Bond ETF (NYSEARCA:FLCBGet Free Report) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 45,543 shares, a drop of 65.9% from the November 30th total of 133,438 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 369,622 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 369,622 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Franklin U.S. Core Bond ETF Stock Performance

FLCB traded up $0.01 during trading on Friday, hitting $21.66. The stock had a trading volume of 279,486 shares, compared to its average volume of 385,778. The company has a 50 day moving average price of $21.73 and a 200-day moving average price of $21.59. Franklin U.S. Core Bond ETF has a one year low of $20.80 and a one year high of $21.95.

Hedge Funds Weigh In On Franklin U.S. Core Bond ETF

Hedge funds have recently bought and sold shares of the business. Root Financial Partners LLC acquired a new stake in Franklin U.S. Core Bond ETF in the 3rd quarter worth about $38,000. CWM LLC acquired a new stake in shares of Franklin U.S. Core Bond ETF in the third quarter valued at approximately $50,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Franklin U.S. Core Bond ETF in the third quarter valued at approximately $52,000. IFP Advisors Inc grew its position in Franklin U.S. Core Bond ETF by 14.1% during the second quarter. IFP Advisors Inc now owns 7,983 shares of the company’s stock worth $172,000 after buying an additional 986 shares in the last quarter. Finally, Truist Financial Corp bought a new position in Franklin U.S. Core Bond ETF during the 3rd quarter worth $228,000.

About Franklin U.S. Core Bond ETF

(Get Free Report)

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.

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