Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Short Interest Update

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 82,184 shares, a growth of 226.6% from the December 15th total of 25,164 shares. Approximately 2.8% of the company’s stock are short sold. Based on an average daily trading volume, of 37,923 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily trading volume, of 37,923 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.8% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. National Bank of Canada FI grew its holdings in Franklin FTSE Japan Hedged ETF by 15.7% during the third quarter. National Bank of Canada FI now owns 5,486 shares of the company’s stock worth $197,000 after buying an additional 743 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in Franklin FTSE Japan Hedged ETF during the 4th quarter worth $305,000. Flow Traders U.S. LLC purchased a new position in Franklin FTSE Japan Hedged ETF during the 2nd quarter worth $1,378,000. Citadel Advisors LLC grew its stake in shares of Franklin FTSE Japan Hedged ETF by 49.1% in the 3rd quarter. Citadel Advisors LLC now owns 42,311 shares of the company’s stock worth $1,525,000 after acquiring an additional 13,928 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Franklin FTSE Japan Hedged ETF in the first quarter valued at about $1,730,000.

Franklin FTSE Japan Hedged ETF Stock Performance

Shares of NYSEARCA FLJH opened at $39.93 on Thursday. Franklin FTSE Japan Hedged ETF has a fifty-two week low of $26.01 and a fifty-two week high of $40.27. The stock has a market cap of $123.78 million, a price-to-earnings ratio of 14.42 and a beta of 0.37. The firm’s 50-day simple moving average is $38.83 and its 200 day simple moving average is $36.54.

About Franklin FTSE Japan Hedged ETF

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.