Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) Short Interest Down 40.6% in April

Franklin U.S. Large Cap Multifactor Index ETF (BATS:FLQL) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 29,669 shares, a decline of 40.6% from the April 15th total of 49,988 shares. Based on an average trading volume of 96,181 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Franklin U.S. Large Cap Multifactor Index ETF

Institutional investors have recently made changes to their positions in the company. Dunhill Financial LLC bought a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 3rd quarter worth $34,000. Wilmington Savings Fund Society FSB bought a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 3rd quarter worth $39,000. Qube Research & Technologies Ltd bought a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 2nd quarter worth $81,000. Comerica Bank grew its stake in Franklin U.S. Large Cap Multifactor Index ETF by 17.9% during the 4th quarter. Comerica Bank now owns 1,650 shares of the company’s stock worth $114,000 after buying an additional 250 shares during the last quarter. Finally, Larson Financial Group LLC bought a new position in Franklin U.S. Large Cap Multifactor Index ETF during the 4th quarter worth $115,000.

Franklin U.S. Large Cap Multifactor Index ETF Trading Down 1.4%

Shares of BATS FLQL opened at $76.44 on Friday. Franklin U.S. Large Cap Multifactor Index ETF has a twelve month low of $58.55 and a twelve month high of $77.65. The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 24.11 and a beta of 0.95. The business has a 50 day simple moving average of $71.46 and a 200-day simple moving average of $70.56.

About Franklin U.S. Large Cap Multifactor Index ETF

The Franklin U.S. Large Cap Multifactor Index ETF (FLQL) is an exchange-traded fund that is based on the LibertyQ US Large Cap Equity index. The fund tracks a multi-factor US large-cap index. Stocks are selected and weighted based on a combination of quality, value, momentum, and low-volatility factors. FLQL was launched on Apr 26, 2017 and is managed by Franklin Templeton.