Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Short Interest Update

Franklin FTSE South Korea ETF (NYSEARCA:FLKR) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 408,252 shares, an increase of 70.9% from the December 31st total of 238,818 shares. Based on an average trading volume of 177,493 shares, the days-to-cover ratio is presently 2.3 days. Approximately 5.1% of the shares of the company are short sold. Approximately 5.1% of the shares of the company are short sold. Based on an average trading volume of 177,493 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Trading of Franklin FTSE South Korea ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC acquired a new stake in Franklin FTSE South Korea ETF during the 2nd quarter worth about $251,000. Bank of Montreal Can purchased a new stake in shares of Franklin FTSE South Korea ETF in the second quarter worth about $177,000. Leavell Investment Management Inc. grew its holdings in Franklin FTSE South Korea ETF by 5.1% during the second quarter. Leavell Investment Management Inc. now owns 105,587 shares of the company’s stock worth $2,581,000 after acquiring an additional 5,110 shares during the period. MMA Asset Management LLC acquired a new position in Franklin FTSE South Korea ETF in the second quarter valued at approximately $1,223,000. Finally, Inspire Advisors LLC lifted its holdings in Franklin FTSE South Korea ETF by 78.3% in the second quarter. Inspire Advisors LLC now owns 55,655 shares of the company’s stock valued at $1,360,000 after acquiring an additional 24,443 shares during the period.

Franklin FTSE South Korea ETF Trading Down 1.5%

Shares of FLKR stock traded down $0.60 during mid-day trading on Friday, reaching $40.07. The stock had a trading volume of 212,082 shares, compared to its average volume of 226,829. The business’s fifty day moving average is $33.52 and its 200-day moving average is $29.50. The firm has a market cap of $332.58 million, a price-to-earnings ratio of 10.49 and a beta of 1.23. Franklin FTSE South Korea ETF has a 1-year low of $16.54 and a 1-year high of $41.30.

Franklin FTSE South Korea ETF Company Profile

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