Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Short Interest Update

Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 42,384 shares, a growth of 186.9% from the May 31st total of 14,771 shares. Based on an average daily trading volume, of 110,350 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of Franklin U.S. Mid Cap Multifactor Index ETF

Several institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp bought a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter valued at approximately $50,000. Comerica Bank bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter worth approximately $51,000. Richards Merrill & Peterson Inc. purchased a new stake in Franklin U.S. Mid Cap Multifactor Index ETF during the 1st quarter valued at approximately $52,000. NewEdge Advisors LLC grew its holdings in Franklin U.S. Mid Cap Multifactor Index ETF by 44.4% during the 2nd quarter. NewEdge Advisors LLC now owns 1,061 shares of the company’s stock valued at $58,000 after buying an additional 326 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its position in shares of Franklin U.S. Mid Cap Multifactor Index ETF by 14.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,718 shares of the company’s stock valued at $97,000 after buying an additional 221 shares during the last quarter.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Up 0.4%

BATS:FLQM opened at $58.08 on Friday. The business’s 50-day simple moving average is $56.87 and its two-hundred day simple moving average is $56.87. The stock has a market cap of $1.78 billion, a PE ratio of 16.69 and a beta of 0.98. Franklin U.S. Mid Cap Multifactor Index ETF has a 52 week low of $53.64 and a 52 week high of $58.70.

About Franklin U.S. Mid Cap Multifactor Index ETF

The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) is an exchange-traded fund that is based on the LibertyQ US Mid Cap Equity index. The fund tracks a US-listed mid-cap equity index that selects and weights constituents based on four factors: quality, value, momentum, and volatility. FLQM was launched on Apr 26, 2017 and is managed by Franklin Templeton.