Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Up 60.2% in February

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 3,638 shares, an increase of 60.2% from the February 12th total of 2,271 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 4,613 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 4,613 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are sold short.

Franklin FTSE Germany ETF Trading Down 1.5%

Shares of FLGR traded down $0.48 during mid-day trading on Friday, hitting $31.36. The company’s stock had a trading volume of 6,000 shares, compared to its average volume of 14,635. Franklin FTSE Germany ETF has a 1-year low of $25.87 and a 1-year high of $35.18. The firm has a market capitalization of $40.77 million, a P/E ratio of 17.93 and a beta of 1.04. The firm has a 50-day simple moving average of $34.07 and a 200 day simple moving average of $33.20.

Institutional Investors Weigh In On Franklin FTSE Germany ETF

Several institutional investors have recently made changes to their positions in FLGR. Jane Street Group LLC grew its stake in shares of Franklin FTSE Germany ETF by 10.0% during the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock worth $483,000 after purchasing an additional 1,313 shares during the period. JPMorgan Chase & Co. acquired a new position in Franklin FTSE Germany ETF during the second quarter worth about $793,000. Bank of America Corp DE increased its holdings in Franklin FTSE Germany ETF by 8.1% in the third quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock valued at $1,475,000 after buying an additional 3,370 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Franklin FTSE Germany ETF in the third quarter valued at about $2,022,000. Finally, Marotta Asset Management lifted its position in shares of Franklin FTSE Germany ETF by 2.5% during the 3rd quarter. Marotta Asset Management now owns 200,165 shares of the company’s stock valued at $6,667,000 after acquiring an additional 4,910 shares during the period.

Franklin FTSE Germany ETF Company Profile

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.