Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Up 274.9% in January

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 12,245 shares, a growth of 274.9% from the January 15th total of 3,266 shares. Based on an average daily trading volume, of 7,564 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.9% of the company’s stock are sold short. Currently, 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 7,564 shares, the days-to-cover ratio is presently 1.6 days.

Franklin FTSE Germany ETF Stock Up 0.2%

Shares of FLGR traded up $0.08 during mid-day trading on Friday, hitting $34.70. The stock had a trading volume of 3,504 shares, compared to its average volume of 20,373. The company has a market cap of $45.11 million, a PE ratio of 17.93 and a beta of 1.04. The company’s fifty day simple moving average is $33.96 and its two-hundred day simple moving average is $33.14. Franklin FTSE Germany ETF has a fifty-two week low of $25.87 and a fifty-two week high of $35.09.

Hedge Funds Weigh In On Franklin FTSE Germany ETF

Hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its stake 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 valued at $483,000 after purchasing an additional 1,313 shares during the period. Atria Investments Inc bought a new stake in shares of Franklin FTSE Germany ETF during the second quarter valued at approximately $686,000. JPMorgan Chase & Co. acquired a new position in shares of Franklin FTSE Germany ETF during the second quarter worth approximately $793,000. Bank of America Corp DE grew its holdings in Franklin FTSE Germany ETF by 8.1% in the 3rd quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock worth $1,475,000 after buying an additional 3,370 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in Franklin FTSE Germany ETF in the 3rd quarter worth approximately $2,022,000.

About Franklin FTSE Germany ETF

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.