Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Short Interest Update

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 89,674 shares, a growth of 167.8% from the April 15th total of 33,484 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 441,461 shares, the days-to-cover ratio is currently 0.2 days.

Franklin U.S. Core Bond ETF Price Performance

Shares of NYSEARCA:FLCB opened at $21.33 on Friday. The business has a 50-day moving average price of $21.50 and a 200 day moving average price of $21.64. Franklin U.S. Core Bond ETF has a 12-month low of $20.98 and a 12-month high of $21.96.

Institutional Trading of Franklin U.S. Core Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp increased its position in shares of Franklin U.S. Core Bond ETF by 44.5% during the 1st quarter. Bank of New York Mellon Corp now owns 3,168,185 shares of the company’s stock worth $68,084,000 after purchasing an additional 975,606 shares during the last quarter. Sanctuary Advisors LLC increased its position in shares of Franklin U.S. Core Bond ETF by 11.2% during the 1st quarter. Sanctuary Advisors LLC now owns 3,081,221 shares of the company’s stock worth $66,215,000 after purchasing an additional 311,379 shares during the last quarter. Hantz Financial Services Inc. increased its position in shares of Franklin U.S. Core Bond ETF by 43.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,814,763 shares of the company’s stock worth $61,137,000 after purchasing an additional 858,541 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Franklin U.S. Core Bond ETF by 8.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,378,561 shares of the company’s stock worth $51,115,000 after purchasing an additional 189,498 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Franklin U.S. Core Bond ETF by 20.0% during the 4th quarter. LPL Financial LLC now owns 1,259,704 shares of the company’s stock worth $27,241,000 after purchasing an additional 209,966 shares during the last quarter.

About Franklin U.S. Core Bond ETF

The Franklin U.S. Core Bond ETF (FLCB) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S FLCB was launched on Sep 17, 2019 and is managed by Franklin Templeton.