Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Short Interest Update

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 24,520 shares, a growth of 283.1% from the December 31st total of 6,400 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 472,323 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 472,323 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Franklin U.S. Core Bond ETF

Several large investors have recently modified their holdings of the business. Comerica Bank increased its holdings in Franklin U.S. Core Bond ETF by 3.4% during the 4th quarter. Comerica Bank now owns 17,794 shares of the company’s stock valued at $385,000 after purchasing an additional 585 shares during the period. NewEdge Advisors LLC boosted its position in shares of Franklin U.S. Core Bond ETF by 2.0% during the second quarter. NewEdge Advisors LLC now owns 38,243 shares of the company’s stock valued at $823,000 after purchasing an additional 737 shares in the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of Franklin U.S. Core Bond ETF by 2.5% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 31,182 shares of the company’s stock valued at $677,000 after buying an additional 756 shares in the last quarter. IFP Advisors Inc grew its holdings in Franklin U.S. Core Bond ETF by 14.1% in the second quarter. IFP Advisors Inc now owns 7,983 shares of the company’s stock worth $172,000 after purchasing an additional 986 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in shares of Franklin U.S. Core Bond ETF in the 3rd quarter worth approximately $38,000.

Franklin U.S. Core Bond ETF Stock Performance

FLCB traded up $0.01 during trading on Friday, reaching $21.69. 1,265,003 shares of the stock traded hands, compared to its average volume of 416,125. Franklin U.S. Core Bond ETF has a 12 month low of $20.89 and a 12 month high of $21.95. The stock’s 50-day moving average is $21.68 and its 200 day moving average is $21.64.

About Franklin U.S. Core Bond ETF

The Franklin U.S. Core Bond ETF (FLCB) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S FLCB was launched on Sep 17, 2019 and is managed by Franklin Templeton.