Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Short Interest Update

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 265,101 shares, a decline of 63.4% from the April 15th total of 724,966 shares. Based on an average trading volume of 248,077 shares, the short-interest ratio is currently 1.1 days. Currently, 1.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Franklin FTSE Taiwan ETF

A number of institutional investors have recently made changes to their positions in the company. Kestra Private Wealth Services LLC boosted its holdings in shares of Franklin FTSE Taiwan ETF by 1.8% during the first quarter. Kestra Private Wealth Services LLC now owns 7,406 shares of the company’s stock worth $504,000 after acquiring an additional 131 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Franklin FTSE Taiwan ETF by 12.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,662 shares of the company’s stock worth $284,000 after acquiring an additional 517 shares during the period. Bank of Nova Scotia boosted its holdings in shares of Franklin FTSE Taiwan ETF by 1.9% during the first quarter. Bank of Nova Scotia now owns 59,030 shares of the company’s stock worth $4,021,000 after acquiring an additional 1,100 shares during the period. BOCHK Asset Management Ltd bought a new stake in shares of Franklin FTSE Taiwan ETF during the fourth quarter worth approximately $86,000. Finally, Bank of America Corp DE boosted its holdings in shares of Franklin FTSE Taiwan ETF by 31.0% during the second quarter. Bank of America Corp DE now owns 9,799 shares of the company’s stock worth $511,000 after acquiring an additional 2,321 shares during the period.

Franklin FTSE Taiwan ETF Trading Up 1.0%

Shares of NYSEARCA:FLTW traded up $0.90 during trading on Thursday, reaching $93.18. 401,317 shares of the stock were exchanged, compared to its average volume of 326,630. Franklin FTSE Taiwan ETF has a 12 month low of $47.34 and a 12 month high of $94.66. The firm has a market cap of $2.56 billion, a PE ratio of 17.84 and a beta of 1.08. The stock has a 50-day moving average price of $75.62 and a 200-day moving average price of $67.91.

About Franklin FTSE Taiwan ETF

The Franklin FTSE Taiwan ETF (FLTW) is an exchange-traded fund that is based on the FTSE Taiwan RIC Capped index, a market-cap-weighted index of Taiwanese companies, excluding small-caps. FLTW was launched on Nov 2, 2017 and is managed by Franklin Templeton.