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

Franklin FTSE South Korea ETF (NYSEARCA:FLKR) was the recipient of a large drop in short interest in February. As of February 13th, there was short interest totaling 230,175 shares, a drop of 20.8% from the January 29th total of 290,620 shares. Based on an average daily volume of 345,577 shares, the short-interest ratio is currently 0.7 days. Approximately 2.6% of the shares of the stock are short sold. Approximately 2.6% of the shares of the stock are short sold. Based on an average daily volume of 345,577 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Franklin FTSE South Korea ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in shares of Franklin FTSE South Korea ETF by 121.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the company’s stock worth $30,000 after acquiring an additional 674 shares during the last quarter. Bank of Montreal Can bought a new position in Franklin FTSE South Korea ETF in the 2nd quarter worth approximately $177,000. Fiduciary Financial Group LLC acquired a new position in Franklin FTSE South Korea ETF during the 4th quarter worth $204,000. Greenline Partners LLC acquired a new position in Franklin FTSE South Korea ETF during the 3rd quarter worth $208,000. Finally, Summit Financial LLC bought a new position in Franklin FTSE South Korea ETF in the 4th quarter valued at $217,000.

Franklin FTSE South Korea ETF Stock Performance

Franklin FTSE South Korea ETF stock traded up $0.45 on Wednesday, reaching $43.43. The company’s stock had a trading volume of 1,514,425 shares, compared to its average volume of 402,333. The business’s fifty day moving average price is $39.39 and its 200 day moving average price is $32.51. The company has a market cap of $386.53 million, a price-to-earnings ratio of 10.49 and a beta of 1.23. Franklin FTSE South Korea ETF has a twelve month low of $16.54 and a twelve month high of $49.95.

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.