Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Short Interest Update

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 322,142 shares, a growth of 1,315.4% from the July 15th total of 22,760 shares. Based on an average trading volume of 776,998 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.1% of the company’s shares are short sold.

Franklin FTSE Taiwan ETF Stock Up 1.7%

NYSEARCA FLTW traded up $1.70 on Tuesday, hitting $100.41. The company’s stock had a trading volume of 1,175,077 shares, compared to its average volume of 505,736. The company’s 50-day moving average is $99.28 and its 200 day moving average is $84.72. The firm has a market cap of $2.86 billion, a PE ratio of 17.84 and a beta of 1.12. Franklin FTSE Taiwan ETF has a 1-year low of $52.92 and a 1-year high of $110.32.

Institutional Trading of Franklin FTSE Taiwan ETF

Several institutional investors have recently modified their holdings of the business. Royal Bank of Canada raised its position in Franklin FTSE Taiwan ETF by 119.4% during the 1st quarter. Royal Bank of Canada now owns 16,339 shares of the company’s stock worth $707,000 after purchasing an additional 8,891 shares during the last quarter. Jane Street Group LLC grew its position in shares of Franklin FTSE Taiwan ETF by 788.1% in the 1st quarter. Jane Street Group LLC now owns 159,012 shares of the company’s stock valued at $6,874,000 after buying an additional 141,107 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Franklin FTSE Taiwan ETF by 101.0% in the second quarter. JPMorgan Chase & Co. now owns 69,467 shares of the company’s stock valued at $3,626,000 after buying an additional 34,905 shares during the period. Bank of Nova Scotia increased its stake in shares of Franklin FTSE Taiwan ETF by 35.6% in the second quarter. Bank of Nova Scotia now owns 34,030 shares of the company’s stock valued at $1,776,000 after buying an additional 8,940 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its position in shares of Franklin FTSE Taiwan ETF by 323.4% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 173,898 shares of the company’s stock worth $9,076,000 after acquiring an additional 132,829 shares during the last quarter.

Franklin FTSE Taiwan ETF Company Profile

The Franklin FTSE Taiwan ETF (FLTW) is an exchange-traded fund that is based on the FTSE Taiwan RIC Capped index, a market-cap-weighted index of Taiwanese companies, excluding small-caps. FLTW was launched on Nov 2, 2017 and is managed by Franklin Templeton.