Franklin FTSE Latin America ETF (NYSEARCA:FLLA) Short Interest Up 53.1% in December

Franklin FTSE Latin America ETF (NYSEARCA:FLLA) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 104,539 shares, a growth of 53.1% from the December 15th total of 68,303 shares. Based on an average daily trading volume, of 21,261 shares, the short-interest ratio is currently 4.9 days. Currently, 5.5% of the shares of the stock are short sold. Currently, 5.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,261 shares, the short-interest ratio is currently 4.9 days.

Franklin FTSE Latin America ETF Trading Up 0.4%

Shares of NYSEARCA:FLLA opened at $25.69 on Friday. The company has a market cap of $48.81 million, a price-to-earnings ratio of 10.26 and a beta of 0.90. Franklin FTSE Latin America ETF has a 12 month low of $17.36 and a 12 month high of $25.85. The company has a 50-day moving average price of $24.68 and a 200 day moving average price of $23.07.

Hedge Funds Weigh In On Franklin FTSE Latin America ETF

Several large investors have recently modified their holdings of FLLA. Old Port Advisors lifted its position in Franklin FTSE Latin America ETF by 49.6% in the third quarter. Old Port Advisors now owns 107,406 shares of the company’s stock worth $2,517,000 after buying an additional 35,608 shares during the last quarter. Total Clarity Wealth Management Inc. lifted its holdings in shares of Franklin FTSE Latin America ETF by 22.0% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 22,307 shares of the company’s stock worth $484,000 after acquiring an additional 4,021 shares during the last quarter. Wealthspire Advisors LLC purchased a new position in shares of Franklin FTSE Latin America ETF during the 2nd quarter worth about $274,000. WealthShield Partners LLC purchased a new position in shares of Franklin FTSE Latin America ETF during the 2nd quarter worth about $62,000. Finally, Simon Quick Advisors LLC bought a new position in Franklin FTSE Latin America ETF during the 2nd quarter valued at about $1,780,000.

Franklin FTSE Latin America ETF Company Profile

The Franklin FTSE Latin America ETF (FLLA) is an exchange-traded fund that is based on the FTSE Latin America RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Latin American equities. FLLA was launched on Oct 9, 2018 and is managed by Franklin Templeton.