Franklin FTSE Germany ETF (NYSEARCA:FLGR) Sees Significant Decrease in Short Interest

Franklin FTSE Germany ETF (NYSEARCA:FLGR) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 301 shares, a drop of 84.3% from the July 30th total of 1,919 shares. Based on an average daily volume of 4,222 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC lifted its position in Franklin FTSE Germany ETF by 10.0% during the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock worth $483,000 after acquiring an additional 1,313 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Franklin FTSE Germany ETF in the second quarter valued at about $793,000. Bank of America Corp DE increased its stake in shares of Franklin FTSE Germany ETF by 8.1% in the third quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock worth $1,475,000 after purchasing an additional 3,370 shares during the period. Flow Traders U.S. LLC acquired a new position in shares of Franklin FTSE Germany ETF during the 3rd quarter worth about $2,022,000. Finally, Marotta Asset Management lifted its position in shares of Franklin FTSE Germany ETF by 4.2% during the 1st quarter. Marotta Asset Management now owns 227,190 shares of the company’s stock worth $7,216,000 after purchasing an additional 9,227 shares during the last quarter.

Franklin FTSE Germany ETF Stock Up 0.2%

Shares of NYSEARCA:FLGR traded up $0.06 during trading on Friday, reaching $34.74. The stock had a trading volume of 2,448 shares, compared to its average volume of 8,059. The stock has a fifty day simple moving average of $33.20 and a two-hundred day simple moving average of $33.17. Franklin FTSE Germany ETF has a 52 week low of $29.96 and a 52 week high of $35.18. The firm has a market capitalization of $39.95 million, a price-to-earnings ratio of 17.93 and a beta of 0.95.

Franklin FTSE Germany ETF Company Profile

The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.