Franklin Ultra Short Bond ETF (NYSEARCA:FLUD – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 16,952 shares, a drop of 75.1% from the August 31st total of 68,055 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 146,515 shares, the days-to-cover ratio is currently 0.1 days.
Hedge Funds Weigh In On Franklin Ultra Short Bond ETF
Several institutional investors have recently bought and sold shares of FLUD. Kestra Private Wealth Services LLC bought a new position in shares of Franklin Ultra Short Bond ETF in the 1st quarter valued at about $5,378,000. Janney Montgomery Scott LLC purchased a new stake in Franklin Ultra Short Bond ETF during the first quarter valued at approximately $355,000. Cetera Investment Advisers lifted its stake in shares of Franklin Ultra Short Bond ETF by 181.9% in the 1st quarter. Cetera Investment Advisers now owns 23,781 shares of the company’s stock valued at $595,000 after purchasing an additional 15,345 shares during the last quarter. Finally, Citadel Advisors LLC boosted its holdings in shares of Franklin Ultra Short Bond ETF by 78.3% in the 2nd quarter. Citadel Advisors LLC now owns 44,527 shares of the company’s stock worth $1,115,000 after purchasing an additional 19,552 shares during the period.
Franklin Ultra Short Bond ETF Trading Up 0.1%
Shares of Franklin Ultra Short Bond ETF stock traded up $0.02 on Friday, hitting $24.95. 137,945 shares of the company traded hands, compared to its average volume of 166,545. The business has a 50-day simple moving average of $24.98 and a 200 day simple moving average of $24.98. Franklin Ultra Short Bond ETF has a 52 week low of $24.88 and a 52 week high of $25.50.
Franklin Ultra Short Bond ETF Company Profile
The Franklin Ultra Short Bond ETF (FLUD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of broad investment-grade, ultra-short term bonds. FLUD was launched on Jul 14, 2020 and is managed by Franklin Templeton.
See Also
- Five stocks we like better than Franklin Ultra Short Bond ETF
- Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes
- 2 Cybersecurity Stocks Breaking Out as AI Continues to Be a Tailwind
- 3 More AI Infrastructure Plays Beyond the Big Names
- CAVA Stock Slips: Sector Fear or Valuation Reality?
Receive News & Ratings for Franklin Ultra Short Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Ultra Short Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
