Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Short Interest Update

Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 16,638 shares, a decrease of 90.8% from the July 30th total of 181,280 shares. Based on an average daily volume of 297,829 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Franklin FTSE United Kingdom ETF Stock Up 0.7%

Shares of Franklin FTSE United Kingdom ETF stock traded up $0.25 on Tuesday, hitting $38.01. 103,863 shares of the company’s stock traded hands, compared to its average volume of 176,544. Franklin FTSE United Kingdom ETF has a 52-week low of $31.22 and a 52-week high of $38.03. The stock has a market cap of $916.04 million, a P/E ratio of 15.48 and a beta of 0.64. The firm’s 50-day moving average is $36.39 and its 200 day moving average is $35.93.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans bought a new stake in Franklin FTSE United Kingdom ETF in the fourth quarter valued at about $1,972,000. Quantinno Capital Management LP lifted its holdings in Franklin FTSE United Kingdom ETF by 29.8% during the 1st quarter. Quantinno Capital Management LP now owns 63,979 shares of the company’s stock worth $2,224,000 after buying an additional 14,704 shares during the last quarter. Purpose Unlimited Inc. bought a new position in Franklin FTSE United Kingdom ETF during the 4th quarter worth approximately $4,631,000. GHP Investment Advisors Inc. grew its position in shares of Franklin FTSE United Kingdom ETF by 2.5% in the 1st quarter. GHP Investment Advisors Inc. now owns 800,187 shares of the company’s stock worth $27,815,000 after acquiring an additional 19,845 shares in the last quarter. Finally, Morningstar Investment Management LLC bought a new stake in shares of Franklin FTSE United Kingdom ETF in the 1st quarter valued at approximately $7,507,000.

About Franklin FTSE United Kingdom ETF

The Franklin FTSE United Kingdom ETF (FLGB) is an exchange-traded fund that is based on the FTSE UK RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap companies from the United Kingdom. FLGB was launched on Nov 2, 2017 and is managed by Franklin Templeton.