Franklin Ultra Short Bond ETF (NYSEARCA:FLUD – Get Free Report) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 103,599 shares, an increase of 135.9% from the April 15th total of 43,917 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average trading volume of 60,815 shares, the days-to-cover ratio is currently 1.7 days.
Institutional Investors Weigh In On Franklin Ultra Short Bond ETF
Several hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers bought a new stake in shares of Franklin Ultra Short Bond ETF in the 4th quarter worth approximately $211,000. Citadel Advisors LLC raised its position in Franklin Ultra Short Bond ETF by 40.7% in the third quarter. Citadel Advisors LLC now owns 32,825 shares of the company’s stock worth $824,000 after purchasing an additional 9,491 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Franklin Ultra Short Bond ETF during the 1st quarter worth approximately $355,000. Jane Street Group LLC lifted its holdings in shares of Franklin Ultra Short Bond ETF by 105.6% during the second quarter. Jane Street Group LLC now owns 32,176 shares of the company’s stock valued at $806,000 after acquiring an additional 16,529 shares during the period. Finally, CacheTech Inc. acquired a new position in shares of Franklin Ultra Short Bond ETF in the 4th quarter worth approximately $739,000.
Franklin Ultra Short Bond ETF Price Performance
Shares of Franklin Ultra Short Bond ETF stock traded up $0.01 on Friday, reaching $25.00. The stock had a trading volume of 305,730 shares, compared to its average volume of 141,843. Franklin Ultra Short Bond ETF has a fifty-two week low of $24.46 and a fifty-two week high of $26.70. The business’s 50-day moving average price is $24.99 and its two-hundred day moving average price is $25.01.
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.
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