Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Update

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 8,687 shares, a decline of 71.4% from the August 15th total of 30,370 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 17,217 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Franklin Liberty Short Duration US Government ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Royal Bank of Canada increased its holdings in Franklin Liberty Short Duration US Government ETF by 1.4% during the 1st quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock valued at $1,483,000 after acquiring an additional 225 shares in the last quarter. World Investment Advisors lifted its holdings in shares of Franklin Liberty Short Duration US Government ETF by 7.3% in the fourth quarter. World Investment Advisors now owns 3,578 shares of the company’s stock valued at $326,000 after purchasing an additional 244 shares in the last quarter. Continuum Advisory LLC purchased a new stake in shares of Franklin Liberty Short Duration US Government ETF in the second quarter valued at about $29,000. Asset Allocation Strategies LLC grew its position in shares of Franklin Liberty Short Duration US Government ETF by 6.7% in the second quarter. Asset Allocation Strategies LLC now owns 5,159 shares of the company’s stock valued at $467,000 after purchasing an additional 323 shares during the last quarter. Finally, D.A. Davidson & CO. grew its position in shares of Franklin Liberty Short Duration US Government ETF by 1.9% in the first quarter. D.A. Davidson & CO. now owns 18,947 shares of the company’s stock valued at $1,720,000 after purchasing an additional 349 shares during the last quarter.

Franklin Liberty Short Duration US Government ETF Stock Down 0.1%

FTSD traded down $0.11 during trading on Friday, reaching $89.42. 9,012 shares of the stock were exchanged, compared to its average volume of 27,208. The business’s 50 day moving average price is $90.02 and its two-hundred day moving average price is $90.35. Franklin Liberty Short Duration US Government ETF has a 1 year low of $89.33 and a 1 year high of $91.51.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.