Franklin International Aggregate Bond ETF (BATS:FLIA) Sees Large Increase in Short Interest

Franklin International Aggregate Bond ETF (BATS:FLIA) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 163,327 shares, a growth of 111.5% from the May 14th total of 77,225 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 89,704 shares, the days-to-cover ratio is presently 1.8 days.

Franklin International Aggregate Bond ETF Stock Performance

Shares of FLIA stock remained flat at $20.40 on Friday. The company had a trading volume of 59,636 shares, compared to its average volume of 121,837. Franklin International Aggregate Bond ETF has a 52-week low of $20.12 and a 52-week high of $20.77. The firm has a 50-day moving average of $20.32 and a 200 day moving average of $20.34.

Hedge Funds Weigh In On Franklin International Aggregate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Franklin International Aggregate Bond ETF by 12.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,034,397 shares of the company’s stock valued at $263,820,000 after buying an additional 1,393,424 shares during the period. Franklin Resources Inc. boosted its stake in shares of Franklin International Aggregate Bond ETF by 3.5% in the 4th quarter. Franklin Resources Inc. now owns 7,755,449 shares of the company’s stock valued at $156,505,000 after buying an additional 265,568 shares during the period. Hantz Financial Services Inc. boosted its stake in shares of Franklin International Aggregate Bond ETF by 11.1% in the 4th quarter. Hantz Financial Services Inc. now owns 5,468,494 shares of the company’s stock valued at $110,354,000 after buying an additional 545,559 shares during the period. LPL Financial LLC boosted its stake in shares of Franklin International Aggregate Bond ETF by 3.5% in the 4th quarter. LPL Financial LLC now owns 726,197 shares of the company’s stock valued at $14,655,000 after buying an additional 24,819 shares during the period. Finally, Stratos Investment Management LLC boosted its stake in shares of Franklin International Aggregate Bond ETF by 0.3% in the 4th quarter. Stratos Investment Management LLC now owns 299,789 shares of the company’s stock valued at $6,050,000 after buying an additional 932 shares during the period.

About Franklin International Aggregate Bond ETF

The Franklin International Aggregate Bond ETF (FLIA) is an exchange-traded fund that is based on the Bloomberg Global Aggregate ex-USD index. The fund is an actively managed fund that invests in government, agency, and corporate debt outside of the United States. FLIA was launched on May 30, 2018 and is managed by Franklin Templeton.