Franklin Senior Loan ETF (BATS:FLBL) Shares Shorted: Short Interest Up 79.2% in September

Franklin Senior Loan ETF (BATS:FLBL) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 343,809 shares, an increase of 79.2% from the September 15th total of 191,806 shares. Based on an average trading volume of 383,246 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.8% of the shares of the stock are short sold.

Institutional Trading of Franklin Senior Loan ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Fifth Third Bancorp acquired a new stake in Franklin Senior Loan ETF during the first quarter worth approximately $32,000. Rockefeller Capital Management L.P. increased its position in Franklin Senior Loan ETF by 690.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 3,493 shares of the company’s stock worth $82,000 after purchasing an additional 3,051 shares during the last quarter. Keeler Thomas Management LLC purchased a new position in Franklin Senior Loan ETF during the second quarter worth approximately $220,000. Tactive Advisors LLC raised its stake in Franklin Senior Loan ETF by 27.2% during the first quarter. Tactive Advisors LLC now owns 12,476 shares of the company’s stock worth $287,000 after purchasing an additional 2,670 shares during the period. Finally, Wealthcare Advisory Partners LLC raised its stake in Franklin Senior Loan ETF by 10.0% during the second quarter. Wealthcare Advisory Partners LLC now owns 19,028 shares of the company’s stock worth $436,000 after purchasing an additional 1,726 shares during the period.

Franklin Senior Loan ETF Price Performance

FLBL stock opened at $22.73 on Thursday. The company’s 50-day moving average price is $22.99 and its 200 day moving average price is $22.98. Franklin Senior Loan ETF has a 52 week low of $22.57 and a 52 week high of $23.89.

About Franklin Senior Loan ETF

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.