Franklin FTSE Japan ETF (NYSEARCA:FLJP) Shares Shorted: Short Interest Up 100.1% in September

Franklin FTSE Japan ETF (NYSEARCA:FLJP) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 732,648 shares, an increase of 100.1% from the September 15th total of 366,086 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily volume of 761,757 shares, the short-interest ratio is presently 1.0 days.

Franklin FTSE Japan ETF Price Performance

NYSEARCA FLJP traded down $0.20 during trading hours on Thursday, reaching $40.63. The company’s stock had a trading volume of 1,169,787 shares, compared to its average volume of 1,144,283. The firm has a fifty day simple moving average of $41.27 and a 200-day simple moving average of $39.77. Franklin FTSE Japan ETF has a 52 week low of $34.07 and a 52 week high of $42.42. The stock has a market cap of $4.19 billion, a P/E ratio of 14.28 and a beta of 0.68.

Institutional Trading of Franklin FTSE Japan ETF

Several institutional investors have recently modified their holdings of FLJP. GK Wealth Management LLC bought a new stake in shares of Franklin FTSE Japan ETF in the 3rd quarter valued at $76,000. Paragon Capital Management Ltd grew its holdings in Franklin FTSE Japan ETF by 0.4% during the 3rd quarter. Paragon Capital Management Ltd now owns 223,473 shares of the company’s stock worth $9,252,000 after acquiring an additional 831 shares during the period. Matrix Trust Co raised its position in shares of Franklin FTSE Japan ETF by 70.5% in the 3rd quarter. Matrix Trust Co now owns 40,724 shares of the company’s stock worth $1,686,000 after acquiring an additional 16,832 shares in the last quarter. Boltwood Capital Management bought a new position in shares of Franklin FTSE Japan ETF in the 3rd quarter worth about $515,000. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Franklin FTSE Japan ETF in the 2nd quarter valued at about $143,000.

Franklin FTSE Japan ETF Company Profile

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.