Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Stock Short Interest Declines 60.5%

Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 19,280 shares, a decrease of 60.5% from the September 15th total of 48,766 shares. Based on an average daily volume of 224,051 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Franklin Limited Duration Income Trust

A number of institutional investors and hedge funds have recently modified their holdings of FTF. Bank of America Corp DE acquired a new position in Franklin Limited Duration Income Trust in the second quarter valued at approximately $1,115,000. Kingsview Wealth Management LLC acquired a new stake in shares of Franklin Limited Duration Income Trust during the second quarter worth $899,000. Susquehanna International Group LLP acquired a new stake in shares of Franklin Limited Duration Income Trust during the second quarter worth $190,000. Beacon Pointe Advisors LLC acquired a new position in Franklin Limited Duration Income Trust in the second quarter valued at about $467,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in shares of Franklin Limited Duration Income Trust during the 2nd quarter worth about $179,000.

Franklin Limited Duration Income Trust Stock Down 0.7%

Franklin Limited Duration Income Trust stock traded down $0.04 on Wednesday, reaching $5.32. 241,952 shares of the stock were exchanged, compared to its average volume of 204,038. Franklin Limited Duration Income Trust has a twelve month low of $5.29 and a twelve month high of $6.35. The firm has a fifty day moving average price of $5.63 and a two-hundred day moving average price of $5.76.

Franklin Limited Duration Income Trust Company Profile

Franklin Limited Duration Income Trust is a closed-end management investment company listed on the NYSE American under the symbol FTF. The fund seeks to provide current income while maintaining a limited portfolio duration, which is intended to reduce sensitivity to changes in interest rates compared with longer-duration fixed-income investments.

The trust invests primarily in a diversified portfolio of debt securities and other income-producing instruments. Its holdings may include investment-grade and below-investment-grade corporate bonds, floating-rate loans, mortgage-related securities, government and agency obligations, and other fixed-income assets.