Franklin Senior Loan ETF (BATS:FLBL) Short Interest Down 85.9% in May

Franklin Senior Loan ETF (BATS:FLBL) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 261,149 shares, a decrease of 85.9% from the May 14th total of 1,849,248 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 164,567 shares, the short-interest ratio is currently 1.6 days.

Franklin Senior Loan ETF Trading Up 0.0%

Shares of BATS FLBL opened at $22.90 on Wednesday. The firm’s 50-day simple moving average is $23.02 and its 200 day simple moving average is $23.21. Franklin Senior Loan ETF has a 12-month low of $22.57 and a 12-month high of $24.29.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in Franklin Senior Loan ETF during the 1st quarter worth $1,849,000. Geneos Wealth Management Inc. lifted its holdings in Franklin Senior Loan ETF by 218.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,550 shares of the company’s stock worth $61,000 after buying an additional 1,750 shares in the last quarter. Sei Investments Co. acquired a new position in Franklin Senior Loan ETF during the 2nd quarter worth $517,000. Raymond James Financial Inc. lifted its holdings in Franklin Senior Loan ETF by 19.6% during the 2nd quarter. Raymond James Financial Inc. now owns 442,558 shares of the company’s stock worth $10,723,000 after buying an additional 72,575 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in Franklin Senior Loan ETF by 2,338.8% during the 2nd quarter. Bank of America Corp DE now owns 188,688 shares of the company’s stock worth $4,572,000 after buying an additional 180,951 shares in the last quarter.

Franklin Senior Loan ETF Company Profile

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.