Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Down 77.0% in March

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 11,111 shares, a decrease of 77.0% from the March 15th total of 48,335 shares. Based on an average daily trading volume, of 30,813 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FTSD. Thrivent Financial for Lutherans acquired a new position in Franklin Liberty Short Duration US Government ETF in the 3rd quarter valued at about $6,984,000. LPL Financial LLC grew its position in shares of Franklin Liberty Short Duration US Government ETF by 17.7% during the 4th quarter. LPL Financial LLC now owns 466,237 shares of the company’s stock worth $42,432,000 after purchasing an additional 70,066 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in shares of Franklin Liberty Short Duration US Government ETF by 183.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 102,504 shares of the company’s stock worth $9,334,000 after purchasing an additional 66,373 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Franklin Liberty Short Duration US Government ETF by 15.9% during the 4th quarter. Franklin Resources Inc. now owns 360,014 shares of the company’s stock worth $32,765,000 after purchasing an additional 49,267 shares in the last quarter. Finally, UBS Group AG grew its position in shares of Franklin Liberty Short Duration US Government ETF by 63.0% during the 4th quarter. UBS Group AG now owns 104,512 shares of the company’s stock worth $9,512,000 after purchasing an additional 40,396 shares in the last quarter.

Franklin Liberty Short Duration US Government ETF Stock Up 0.0%

FTSD traded up $0.02 on Friday, reaching $90.56. The company had a trading volume of 11,143 shares, compared to its average volume of 31,167. Franklin Liberty Short Duration US Government ETF has a fifty-two week low of $89.65 and a fifty-two week high of $91.70. The company’s fifty day moving average is $90.82 and its 200 day moving average is $90.92.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.