Short Interest in Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Declines By 84.9%

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) was the recipient of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 47,499 shares, a decline of 84.9% from the February 26th total of 314,786 shares. Based on an average trading volume of 369,334 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.4% of the company’s shares are sold short. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 369,334 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Franklin FTSE Taiwan ETF

A number of large investors have recently made changes to their positions in the business. AIA Group Ltd grew its position in shares of Franklin FTSE Taiwan ETF by 37.3% in the 3rd quarter. AIA Group Ltd now owns 33,600 shares of the company’s stock worth $1,973,000 after buying an additional 9,125 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Franklin FTSE Taiwan ETF by 261.4% during the third quarter. JPMorgan Chase & Co. now owns 251,060 shares of the company’s stock valued at $14,745,000 after acquiring an additional 181,593 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Franklin FTSE Taiwan ETF during the second quarter valued at approximately $140,000. Bare Financial Services Inc lifted its stake in Franklin FTSE Taiwan ETF by 690.1% in the second quarter. Bare Financial Services Inc now owns 719 shares of the company’s stock worth $38,000 after acquiring an additional 628 shares during the period. Finally, Bank of America Corp DE boosted its holdings in Franklin FTSE Taiwan ETF by 163.1% in the third quarter. Bank of America Corp DE now owns 25,778 shares of the company’s stock valued at $1,514,000 after acquiring an additional 15,979 shares in the last quarter.

Franklin FTSE Taiwan ETF Stock Down 2.1%

Shares of NYSEARCA:FLTW traded down $1.46 during midday trading on Tuesday, hitting $68.03. 43,875 shares of the stock traded hands, compared to its average volume of 374,178. The business’s 50 day moving average is $68.63 and its two-hundred day moving average is $63.11. The stock has a market capitalization of $741.53 million, a PE ratio of 17.84 and a beta of 0.94. Franklin FTSE Taiwan ETF has a one year low of $35.82 and a one year high of $74.74.

Franklin FTSE Taiwan ETF Company Profile

The Franklin FTSE Taiwan ETF (FLTW) is an exchange-traded fund that is based on the FTSE Taiwan RIC Capped index, a market-cap-weighted index of Taiwanese companies, excluding small-caps. FLTW was launched on Nov 2, 2017 and is managed by Franklin Templeton.