Short Interest in Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) Decreases By 76.1%

Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 87,515 shares, a decline of 76.1% from the January 15th total of 366,589 shares. Based on an average daily volume of 347,101 shares, the short-interest ratio is presently 0.3 days. Currently, 0.8% of the shares of the stock are sold short. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 347,101 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of FLTW. Jane Street Group LLC grew its position in Franklin FTSE Taiwan ETF by 281.4% during the 4th quarter. Jane Street Group LLC now owns 596,465 shares of the company’s stock worth $36,289,000 after acquiring an additional 440,060 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Franklin FTSE Taiwan ETF by 464.9% in the 4th quarter. Goldman Sachs Group Inc. now owns 498,297 shares of the company’s stock valued at $30,316,000 after purchasing an additional 410,093 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Franklin FTSE Taiwan ETF by 15.6% in the fourth quarter. JPMorgan Chase & Co. now owns 290,149 shares of the company’s stock worth $17,653,000 after purchasing an additional 39,089 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings 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 purchasing an additional 132,829 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in shares of Franklin FTSE Taiwan ETF in the third quarter valued at $5,194,000.

Franklin FTSE Taiwan ETF Stock Down 1.2%

Shares of Franklin FTSE Taiwan ETF stock opened at $70.11 on Friday. Franklin FTSE Taiwan ETF has a 12-month low of $35.82 and a 12-month high of $71.37. The stock has a market capitalization of $764.20 million, a P/E ratio of 17.84 and a beta of 0.94. The company has a 50-day simple moving average of $63.73 and a 200 day simple moving average of $60.06.

About Franklin FTSE Taiwan ETF

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.