Short Interest in Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Increases By 256.1%

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 47,214 shares, a growth of 256.1% from the July 30th total of 13,260 shares. Based on an average daily trading volume, of 81,751 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are short sold.

Franklin U.S. Treasury Bond ETF Trading Down 0.3%

Shares of NYSEARCA FLGV opened at $19.97 on Friday. The firm has a 50-day simple moving average of $20.07 and a 200-day simple moving average of $20.29. Franklin U.S. Treasury Bond ETF has a 52 week low of $19.91 and a 52 week high of $20.89.

Institutional Trading of Franklin U.S. Treasury Bond ETF

Hedge funds have recently bought and sold shares of the business. World Investment Advisors purchased a new position in Franklin U.S. Treasury Bond ETF in the 4th quarter worth approximately $921,000. Flaharty Asset Management LLC boosted its holdings in shares of Franklin U.S. Treasury Bond ETF by 2.9% during the 4th quarter. Flaharty Asset Management LLC now owns 1,376,870 shares of the company’s stock worth $28,253,000 after purchasing an additional 38,700 shares during the last quarter. MGO One Seven LLC grew its position in shares of Franklin U.S. Treasury Bond ETF by 1,144.5% in the fourth quarter. MGO One Seven LLC now owns 191,264 shares of the company’s stock valued at $3,925,000 after purchasing an additional 175,895 shares in the last quarter. Sequent Planning LLC grew its position in shares of Franklin U.S. Treasury Bond ETF by 10.9% in the fourth quarter. Sequent Planning LLC now owns 291,898 shares of the company’s stock valued at $5,990,000 after purchasing an additional 28,704 shares in the last quarter. Finally, Scarborough Advisors LLC acquired a new stake in shares of Franklin U.S. Treasury Bond ETF in the first quarter valued at approximately $555,000.

Franklin U.S. Treasury Bond ETF Company Profile

The Franklin U.S. Treasury Bond ETF (FLGV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in US Treasurys with remaining maturities of 1 30 years. FLGV was launched on Jun 9, 2020 and is managed by Franklin Templeton.