Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Get Free Report) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 166,582 shares, a growth of 142.9% from the April 15th total of 68,577 shares. Based on an average daily trading volume, of 70,514 shares, the short-interest ratio is presently 2.4 days. Currently, 0.7% of the company’s shares are short sold.
Institutional Trading of Franklin Pennsylvania Municipal Income ETF
A hedge fund recently bought a new stake in Franklin Pennsylvania Municipal Income ETF stock. Boston Family Office LLC purchased a new stake in shares of Franklin Pennsylvania Municipal Income ETF (NYSEARCA:FTPA – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 65,516 shares of the company’s stock, valued at approximately $565,000. Boston Family Office LLC owned 0.19% of Franklin Pennsylvania Municipal Income ETF as of its most recent filing with the SEC. Institutional investors and hedge funds own 65.72% of the company’s stock.
Franklin Pennsylvania Municipal Income ETF Stock Performance
NYSEARCA:FTPA traded down $0.07 during midday trading on Friday, hitting $8.58. 9,144 shares of the company traded hands, compared to its average volume of 53,878. The firm’s fifty day moving average is $8.65 and its 200-day moving average is $8.77. Franklin Pennsylvania Municipal Income ETF has a 12-month low of $8.49 and a 12-month high of $8.81.
About Franklin Pennsylvania Municipal Income ETF
FTAC Parnassus Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify technology and financial services technology companies. The company was formerly known as FTAC General Acquisition Corp. FTAC Parnassus Acquisition Corp. was incorporated in 2020 and is based in Philadelphia, Pennsylvania.
Further Reading
- Five stocks we like better than Franklin Pennsylvania Municipal Income ETF
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Receive News & Ratings for Franklin Pennsylvania Municipal Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Pennsylvania Municipal Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
