Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Short Interest Update

Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 62,905 shares, a growth of 91.6% from the December 15th total of 32,830 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 69,707 shares, the short-interest ratio is presently 0.9 days. Based on an average daily trading volume, of 69,707 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the shares of the stock are sold short.

Franklin FTSE United Kingdom ETF Stock Down 0.3%

Franklin FTSE United Kingdom ETF stock traded down $0.10 during trading hours on Thursday, hitting $34.62. 37,631 shares of the company traded hands, compared to its average volume of 90,136. Franklin FTSE United Kingdom ETF has a 1-year low of $25.10 and a 1-year high of $34.74. The firm has a market cap of $1.03 billion, a P/E ratio of 15.48 and a beta of 0.75. The firm’s 50-day simple moving average is $33.36 and its two-hundred day simple moving average is $32.31.

Institutional Investors Weigh In On Franklin FTSE United Kingdom ETF

A number of institutional investors have recently added to or reduced their stakes in FLGB. Atria Investments Inc lifted its holdings in shares of Franklin FTSE United Kingdom ETF by 32.5% in the second quarter. Atria Investments Inc now owns 14,021 shares of the company’s stock valued at $429,000 after buying an additional 3,439 shares during the period. Envestnet Asset Management Inc. grew its holdings in Franklin FTSE United Kingdom ETF by 3.0% during the second quarter. Envestnet Asset Management Inc. now owns 264,561 shares of the company’s stock worth $8,103,000 after acquiring an additional 7,735 shares during the period. Corient Private Wealth LLC raised its position in Franklin FTSE United Kingdom ETF by 4,815.7% in the second quarter. Corient Private Wealth LLC now owns 2,021,235 shares of the company’s stock worth $61,898,000 after acquiring an additional 1,980,117 shares in the last quarter. Avestar Capital LLC acquired a new stake in Franklin FTSE United Kingdom ETF in the 2nd quarter valued at about $864,000. Finally, Tradewinds Capital Management LLC acquired a new stake in Franklin FTSE United Kingdom ETF in the 2nd quarter valued at about $19,153,000.

About Franklin FTSE United Kingdom ETF

The Franklin FTSE United Kingdom ETF (FLGB) is an exchange-traded fund that is based on the FTSE UK RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap companies from the United Kingdom. FLGB was launched on Nov 2, 2017 and is managed by Franklin Templeton.