Franklin FTSE Latin America ETF (NYSEARCA:FLLA) Short Interest Update

Franklin FTSE Latin America ETF (NYSEARCA:FLLA) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 171,153 shares, a growth of 546.8% from the February 26th total of 26,460 shares. Currently, 6.8% of the shares of the company are short sold. Based on an average daily trading volume, of 81,068 shares, the days-to-cover ratio is presently 2.1 days. Based on an average daily trading volume, of 81,068 shares, the days-to-cover ratio is presently 2.1 days. Currently, 6.8% of the shares of the company are short sold.

Franklin FTSE Latin America ETF Stock Performance

Franklin FTSE Latin America ETF stock traded up $0.18 during trading hours on Tuesday, reaching $27.09. 35,801 shares of the stock were exchanged, compared to its average volume of 59,086. Franklin FTSE Latin America ETF has a 52-week low of $17.46 and a 52-week high of $29.60. The stock has a market cap of $67.73 million, a P/E ratio of 10.26 and a beta of 0.90. The firm’s 50 day moving average is $27.78 and its 200 day moving average is $25.24.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Independent Advisor Alliance boosted its holdings in Franklin FTSE Latin America ETF by 288.9% in the 3rd quarter. Independent Advisor Alliance now owns 38,303 shares of the company’s stock valued at $898,000 after purchasing an additional 28,455 shares in the last quarter. Old Port Advisors increased its position in Franklin FTSE Latin America ETF by 49.6% during the 3rd quarter. Old Port Advisors now owns 107,406 shares of the company’s stock worth $2,517,000 after purchasing an additional 35,608 shares during the period. Comprehensive Money Management Services LLC raised its stake in shares of Franklin FTSE Latin America ETF by 25.4% during the 3rd quarter. Comprehensive Money Management Services LLC now owns 14,210 shares of the company’s stock worth $333,000 after buying an additional 2,880 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Franklin FTSE Latin America ETF during the 4th quarter worth approximately $858,000. Finally, Total Clarity Wealth Management Inc. lifted its holdings in shares of Franklin FTSE Latin America ETF by 5.9% in the 4th quarter. Total Clarity Wealth Management Inc. now owns 23,780 shares of the company’s stock valued at $573,000 after buying an additional 1,320 shares during the period.

About Franklin FTSE Latin America ETF

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.