Franklin FTSE Japan ETF (NYSEARCA:FLJP) Short Interest Down 75.1% in January

Franklin FTSE Japan ETF (NYSEARCA:FLJP) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 40,558 shares, a decline of 75.1% from the January 15th total of 162,931 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,324,756 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 1,324,756 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

Franklin FTSE Japan ETF Stock Up 2.0%

NYSEARCA:FLJP opened at $39.70 on Wednesday. The company’s 50 day moving average is $35.95 and its 200-day moving average is $35.08. Franklin FTSE Japan ETF has a 12 month low of $25.77 and a 12 month high of $39.88. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 14.28 and a beta of 0.65.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. IFP Advisors Inc lifted its holdings in shares of Franklin FTSE Japan ETF by 60.9% during the 2nd quarter. IFP Advisors Inc now owns 9,722 shares of the company’s stock worth $313,000 after acquiring an additional 3,678 shares during the period. CWM LLC boosted its holdings in shares of Franklin FTSE Japan ETF by 1,072.1% in the 2nd quarter. CWM LLC now owns 11,651 shares of the company’s stock worth $375,000 after acquiring an additional 10,657 shares in the last quarter. Harbour Investments Inc. boosted its stake in Franklin FTSE Japan ETF by 67.0% in the second quarter. Harbour Investments Inc. now owns 7,780 shares of the company’s stock worth $250,000 after purchasing an additional 3,122 shares in the last quarter. Koshinski Asset Management Inc. grew its holdings in shares of Franklin FTSE Japan ETF by 9.8% during the second quarter. Koshinski Asset Management Inc. now owns 8,285 shares of the company’s stock worth $266,000 after purchasing an additional 740 shares during the last quarter. Finally, Opes Wealth Management LLC lifted its position in Franklin FTSE Japan ETF by 5.6% during the 2nd quarter. Opes Wealth Management LLC now owns 185,706 shares of the company’s stock worth $5,970,000 after buying an additional 9,846 shares in the last quarter.

Franklin FTSE Japan ETF Company Profile

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.