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

Franklin FTSE South Korea ETF (NYSEARCA:FLKR) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 322,366 shares, a decrease of 49.9% from the July 15th total of 643,997 shares. Approximately 1.3% of the company’s shares are short sold. Based on an average daily volume of 961,105 shares, the short-interest ratio is currently 0.3 days.

Franklin FTSE South Korea ETF Price Performance

NYSEARCA:FLKR traded up $0.40 during mid-day trading on Friday, reaching $59.30. 329,142 shares of the company’s stock traded hands, compared to its average volume of 656,295. Franklin FTSE South Korea ETF has a 12-month low of $24.13 and a 12-month high of $72.49. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 10.49 and a beta of 1.49. The company has a 50 day moving average price of $59.15 and a 200-day moving average price of $52.17.

Institutional Investors Weigh In On Franklin FTSE South Korea ETF

A number of large investors have recently made changes to their positions in FLKR. Hsbc Holdings PLC bought a new position in shares of Franklin FTSE South Korea ETF during the fourth quarter valued at approximately $722,000. Wealthfront Advisers LLC bought a new stake in Franklin FTSE South Korea ETF in the first quarter valued at $723,000. Spartan Wealth Advisory Services LLC bought a new stake in Franklin FTSE South Korea ETF in the first quarter valued at $1,334,000. Marshall Wace LLP bought a new stake in Franklin FTSE South Korea ETF in the fourth quarter valued at $352,000. Finally, Ieq Capital LLC increased its position in Franklin FTSE South Korea ETF by 3.7% during the 4th quarter. Ieq Capital LLC now owns 11,817 shares of the company’s stock valued at $379,000 after purchasing an additional 427 shares during the period.

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.