Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Short Interest Update

Franklin FTSE South Korea ETF (NYSEARCA:FLKR) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 290,620 shares, a decrease of 28.8% from the January 15th total of 408,252 shares. Approximately 3.3% of the company’s stock are short sold. Based on an average trading volume of 276,285 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 276,285 shares, the short-interest ratio is currently 1.1 days. Approximately 3.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FLKR. Ieq Capital LLC grew its holdings in shares of Franklin FTSE South Korea ETF by 3.7% during the fourth quarter. Ieq Capital LLC now owns 11,817 shares of the company’s stock valued at $379,000 after buying an additional 427 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Franklin FTSE South Korea ETF by 121.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the company’s stock valued at $30,000 after acquiring an additional 674 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Franklin FTSE South Korea ETF by 8.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,983 shares of the company’s stock valued at $308,000 after purchasing an additional 826 shares during the last quarter. Innealta Capital LLC increased its holdings in Franklin FTSE South Korea ETF by 3.0% during the 2nd quarter. Innealta Capital LLC now owns 35,071 shares of the company’s stock worth $857,000 after purchasing an additional 1,023 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in Franklin FTSE South Korea ETF by 14.2% during the 4th quarter. LPL Financial LLC now owns 12,575 shares of the company’s stock worth $403,000 after purchasing an additional 1,560 shares in the last quarter.

Franklin FTSE South Korea ETF Stock Performance

Shares of NYSEARCA FLKR traded up $1.02 during midday trading on Friday, hitting $43.60. 347,467 shares of the stock traded hands, compared to its average volume of 266,376. Franklin FTSE South Korea ETF has a one year low of $16.54 and a one year high of $43.73. The business has a 50 day moving average price of $35.60 and a two-hundred day moving average price of $30.63. The company has a market cap of $388.04 million, a PE ratio of 10.49 and a beta of 1.23.

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.