Short Interest in Franklin FTSE Germany ETF (NYSEARCA:FLGR) Drops By 81.5%

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 2,271 shares, a decrease of 81.5% from the January 29th total of 12,245 shares. Based on an average trading volume of 4,557 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 4,557 shares, the short-interest ratio is currently 0.5 days.

Franklin FTSE Germany ETF Trading Up 0.5%

FLGR stock traded up $0.16 during midday trading on Wednesday, hitting $34.95. 4,015 shares of the company’s stock were exchanged, compared to its average volume of 17,363. Franklin FTSE Germany ETF has a 1-year low of $25.87 and a 1-year high of $35.09. The stock has a market capitalization of $45.44 million, a PE ratio of 17.93 and a beta of 1.04. The business has a 50-day simple moving average of $34.22 and a two-hundred day simple moving average of $33.25.

Institutional Trading of Franklin FTSE Germany ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC boosted its stake in Franklin FTSE Germany ETF by 10.0% during the fourth quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock worth $483,000 after buying an additional 1,313 shares during the period. Atria Investments Inc purchased a new stake in shares of Franklin FTSE Germany ETF in the 2nd quarter valued at approximately $686,000. JPMorgan Chase & Co. acquired a new position in shares of Franklin FTSE Germany ETF in the 2nd quarter worth approximately $793,000. Bank of America Corp DE lifted its holdings in shares of Franklin FTSE Germany ETF by 8.1% in the 3rd quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock worth $1,475,000 after acquiring an additional 3,370 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of Franklin FTSE Germany ETF during the 3rd quarter worth approximately $2,022,000.

About Franklin FTSE Germany ETF

The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.