Franklin FTSE Latin America ETF (NYSEARCA:FLLA) Short Interest Up 53.1% in December

Franklin FTSE Latin America ETF (NYSEARCA:FLLA) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 104,539 shares, a growth of 53.1% from the December 15th total of 68,303 shares. Based on an average trading volume of 21,261 shares, the short-interest ratio is currently 4.9 days. Currently, 5.5% of the company’s shares are sold short. Currently, 5.5% of the company’s shares are sold short. Based on an average trading volume of 21,261 shares, the short-interest ratio is currently 4.9 days.

Hedge Funds Weigh In On Franklin FTSE Latin America ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Old Port Advisors grew its stake in Franklin FTSE Latin America ETF by 49.6% in the third quarter. Old Port Advisors now owns 107,406 shares of the company’s stock valued at $2,517,000 after acquiring an additional 35,608 shares during the period. Total Clarity Wealth Management Inc. raised its position in shares of Franklin FTSE Latin America ETF by 22.0% during the second quarter. Total Clarity Wealth Management Inc. now owns 22,307 shares of the company’s stock worth $484,000 after purchasing an additional 4,021 shares during the period. Wealthspire Advisors LLC bought a new position in shares of Franklin FTSE Latin America ETF in the 2nd quarter worth $274,000. WealthShield Partners LLC bought a new position in shares of Franklin FTSE Latin America ETF in the 2nd quarter worth $62,000. Finally, Simon Quick Advisors LLC acquired a new stake in Franklin FTSE Latin America ETF in the 2nd quarter valued at $1,780,000.

Franklin FTSE Latin America ETF Stock Up 0.4%

Franklin FTSE Latin America ETF stock traded up $0.09 during mid-day trading on Friday, hitting $25.69. 38,309 shares of the stock were exchanged, compared to its average volume of 45,355. The stock has a market capitalization of $48.81 million, a price-to-earnings ratio of 10.26 and a beta of 0.90. Franklin FTSE Latin America ETF has a 12 month low of $17.36 and a 12 month high of $25.85. The firm’s fifty day simple moving average is $24.68 and its two-hundred day simple moving average is $23.06.

Franklin FTSE Latin America ETF Company Profile

The Franklin FTSE Latin America ETF (FLLA) is an exchange-traded fund that is based on the FTSE Latin America RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Latin American equities. FLLA was launched on Oct 9, 2018 and is managed by Franklin Templeton.