Franklin FTSE Germany ETF (NYSEARCA:FLGR) Short Interest Up 60.2% in February

Franklin FTSE Germany ETF (NYSEARCA:FLGR) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 3,638 shares, an increase of 60.2% from the February 12th total of 2,271 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 4,613 shares, the short-interest ratio is presently 0.8 days. Based on an average trading volume of 4,613 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the shares of the company are sold short.

Franklin FTSE Germany ETF Stock Down 1.5%

NYSEARCA FLGR traded down $0.48 during trading hours on Friday, hitting $31.36. 6,000 shares of the stock were exchanged, compared to its average volume of 14,635. The company has a market cap of $40.77 million, a price-to-earnings ratio of 17.93 and a beta of 1.04. Franklin FTSE Germany ETF has a 12-month low of $25.87 and a 12-month high of $35.18. The stock has a 50-day moving average of $34.07 and a 200 day moving average of $33.20.

Hedge Funds Weigh In On Franklin FTSE Germany ETF

A number of large investors have recently modified their holdings of the business. Marotta Asset Management boosted its stake in shares of Franklin FTSE Germany ETF by 2.5% in the third quarter. Marotta Asset Management now owns 200,165 shares of the company’s stock valued at $6,667,000 after buying an additional 4,910 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in Franklin FTSE Germany ETF in the third quarter valued at $2,022,000. Bank of America Corp DE lifted its holdings in Franklin FTSE Germany ETF by 8.1% in the third quarter. Bank of America Corp DE now owns 44,747 shares of the company’s stock valued at $1,475,000 after acquiring an additional 3,370 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Franklin FTSE Germany ETF during the 2nd quarter worth $793,000. Finally, Jane Street Group LLC boosted its position in shares of Franklin FTSE Germany ETF by 10.0% during the 4th quarter. Jane Street Group LLC now owns 14,403 shares of the company’s stock worth $483,000 after purchasing an additional 1,313 shares in the last quarter.

About Franklin FTSE Germany ETF

The Franklin FTSE Germany ETF (FLGR) is an exchange-traded fund that is based on the FTSE Germany RIC Capped index. The fund offers market cap-based exposure to large- and mid-cap German equities. FLGR was launched on Nov 2, 2017 and is managed by Franklin Templeton.