Franklin International Aggregate Bond ETF (BATS:FLIA) Sees Significant Increase in Short Interest

Franklin International Aggregate Bond ETF (BATS:FLIA) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 59,046 shares, an increase of 777.4% from the June 30th total of 6,730 shares. Based on an average daily volume of 173,246 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Franklin International Aggregate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in Franklin International Aggregate Bond ETF by 57.6% during the second quarter. JPMorgan Chase & Co. now owns 4,633 shares of the company’s stock valued at $95,000 after acquiring an additional 1,694 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Franklin International Aggregate Bond ETF by 116.2% in the 4th quarter. Royal Bank of Canada now owns 9,208 shares of the company’s stock valued at $186,000 after purchasing an additional 4,948 shares during the period. Wealth Enhancement Trust Services Inc. acquired a new position in shares of Franklin International Aggregate Bond ETF in the 4th quarter valued at about $198,000. Raymond James Financial Inc. bought a new stake in shares of Franklin International Aggregate Bond ETF during the 2nd quarter valued at about $260,000. Finally, Brooklyn Investment Group boosted its position in shares of Franklin International Aggregate Bond ETF by 222.8% during the 3rd quarter. Brooklyn Investment Group now owns 19,629 shares of the company’s stock valued at $403,000 after purchasing an additional 13,548 shares in the last quarter.

Franklin International Aggregate Bond ETF Stock Performance

Shares of BATS FLIA opened at $20.32 on Friday. The company’s 50 day moving average price is $20.39 and its 200-day moving average price is $20.34. Franklin International Aggregate Bond ETF has a 52-week low of $20.12 and a 52-week high of $20.77.

About Franklin International Aggregate Bond ETF

The Franklin International Aggregate Bond ETF (FLIA) is an exchange-traded fund that is based on the Bloomberg Global Aggregate ex-USD index. The fund is an actively managed fund that invests in government, agency, and corporate debt outside of the United States. FLIA was launched on May 30, 2018 and is managed by Franklin Templeton.