Short Interest in Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Declines By 17.6%

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 3,377 shares, a decline of 17.6% from the January 15th total of 4,100 shares. Based on an average daily volume of 22,448 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 22,448 shares, the short-interest ratio is presently 0.2 days.

Franklin Liberty Short Duration US Government ETF Trading Down 0.1%

FTSD traded down $0.06 during trading on Wednesday, reaching $91.12. 11,780 shares of the company traded hands, compared to its average volume of 33,644. Franklin Liberty Short Duration US Government ETF has a 12-month low of $89.65 and a 12-month high of $93.40. The firm has a fifty day simple moving average of $91.01 and a 200 day simple moving average of $90.96.

Franklin Liberty Short Duration US Government ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.3031 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Franklin Liberty Short Duration US Government ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a yield of 4.0%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. LPL Financial LLC lifted its position in shares of Franklin Liberty Short Duration US Government ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 466,237 shares of the company’s stock worth $42,432,000 after purchasing an additional 70,066 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Franklin Liberty Short Duration US Government ETF by 15.9% during the 4th quarter. Franklin Resources Inc. now owns 360,014 shares of the company’s stock worth $32,765,000 after acquiring an additional 49,267 shares in the last quarter. UBS Group AG increased its position in shares of Franklin Liberty Short Duration US Government ETF by 63.0% during the fourth quarter. UBS Group AG now owns 104,512 shares of the company’s stock worth $9,512,000 after purchasing an additional 40,396 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in Franklin Liberty Short Duration US Government ETF by 183.7% in the third quarter. Integrated Wealth Concepts LLC now owns 102,504 shares of the company’s stock valued at $9,334,000 after buying an additional 66,373 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Franklin Liberty Short Duration US Government ETF by 1.9% in the 3rd quarter. Bank of America Corp DE now owns 92,550 shares of the company’s stock valued at $8,428,000 after purchasing an additional 1,708 shares during the last quarter.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.