Franklin FTSE South Korea ETF (NYSEARCA:FLKR – Get Free Report) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 179,099 shares, an increase of 134.9% from the November 30th total of 76,229 shares. Approximately 2.4% of the shares of the company are sold short. Based on an average daily trading volume, of 85,923 shares, the days-to-cover ratio is presently 2.1 days. Based on an average daily trading volume, of 85,923 shares, the days-to-cover ratio is presently 2.1 days. Approximately 2.4% of the shares of the company are sold short.
Franklin FTSE South Korea ETF Stock Performance
NYSEARCA:FLKR traded up $0.32 during mid-day trading on Friday, hitting $31.49. 94,162 shares of the stock were exchanged, compared to its average volume of 68,597. The firm’s 50-day simple moving average is $31.03 and its 200 day simple moving average is $27.38. The stock has a market capitalization of $239.32 million, a price-to-earnings ratio of 10.49 and a beta of 1.23. Franklin FTSE South Korea ETF has a fifty-two week low of $16.54 and a fifty-two week high of $33.73.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in FLKR. Greenline Partners LLC acquired a new position in Franklin FTSE South Korea ETF in the 3rd quarter valued at $208,000. Flow Traders U.S. LLC bought a new stake in Franklin FTSE South Korea ETF during the third quarter worth about $1,447,000. Bank of Nova Scotia acquired a new stake in Franklin FTSE South Korea ETF during the third quarter worth about $2,622,000. Lumbard & Kellner LLC bought a new position in Franklin FTSE South Korea ETF in the 3rd quarter valued at about $2,661,000. Finally, Cercano Management LLC bought a new position in Franklin FTSE South Korea ETF in the 3rd quarter valued at about $7,117,000.
About Franklin FTSE South Korea ETF
The Franklin FTSE South Korea ETF (FLKR) is an exchange-traded fund that is based on the FTSE South Korea RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap South Korean companies. FLKR was launched on Nov 2, 2017 and is managed by Franklin Templeton.
Recommended Stories
- Five stocks we like better than Franklin FTSE South Korea ETF
- Wall Street Stockpicker Names #1 Stock of 2026
- ALERT: Drop these 5 stocks before January 2026!
- “$6.6 Trillion Of Customer Bank Deposits At Risk”
- Washington prepares for war
- A month before the crash
Receive News & Ratings for Franklin FTSE South Korea ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE South Korea ETF and related companies with MarketBeat.com's FREE daily email newsletter.
