Franklin FTSE Japan ETF (NYSEARCA:FLJP) Shares Shorted: Short Interest Down 69.2% in September

Franklin FTSE Japan ETF (NYSEARCA:FLJP) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 366,086 shares, a decline of 69.2% from the August 31st total of 1,187,263 shares. Based on an average daily volume of 847,588 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the shares of the company are sold short.

Hedge Funds Weigh In On Franklin FTSE Japan ETF

A number of large investors have recently bought and sold shares of the business. Trilogy Capital Inc. bought a new position in shares of Franklin FTSE Japan ETF during the first quarter valued at approximately $6,918,000. ES4 LLC bought a new stake in shares of Franklin FTSE Japan ETF in the 4th quarter worth approximately $6,665,000. Atlas Capital Advisors Inc. acquired a new position in Franklin FTSE Japan ETF during the 4th quarter valued at approximately $6,545,000. Impact Partnership Wealth LLC boosted its position in Franklin FTSE Japan ETF by 6.8% during the 4th quarter. Impact Partnership Wealth LLC now owns 317,563 shares of the company’s stock valued at $10,940,000 after purchasing an additional 20,149 shares during the period. Finally, Zinnia Wealth Advisory LLC bought a new position in Franklin FTSE Japan ETF during the 4th quarter worth $985,000.

Franklin FTSE Japan ETF Stock Performance

Shares of Franklin FTSE Japan ETF stock traded down $0.47 during trading hours on Monday, reaching $41.19. The company’s stock had a trading volume of 501,541 shares, compared to its average volume of 1,150,788. Franklin FTSE Japan ETF has a one year low of $33.64 and a one year high of $42.06. The company’s 50 day simple moving average is $40.69 and its 200 day simple moving average is $39.26. The stock has a market cap of $4.08 billion, a P/E ratio of 14.28 and a beta of 0.66.

About Franklin FTSE Japan ETF

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.