Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Short Interest Update

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 38,570 shares, a decline of 64.4% from the May 14th total of 108,233 shares. Based on an average trading volume of 23,746 shares, the short-interest ratio is presently 1.6 days. Currently, 1.1% of the shares of the company are short sold.

Franklin FTSE Japan Hedged ETF Price Performance

Shares of FLJH stock opened at $44.77 on Friday. Franklin FTSE Japan Hedged ETF has a 1 year low of $31.21 and a 1 year high of $45.74. The firm has a fifty day moving average price of $43.26 and a 200-day moving average price of $41.14. The company has a market cap of $152.22 million, a price-to-earnings ratio of 14.42 and a beta of 0.36.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Maridea Wealth Management LLC purchased a new position in shares of Franklin FTSE Japan Hedged ETF during the 1st quarter valued at $209,000. Royal Bank of Canada lifted its stake in shares of Franklin FTSE Japan Hedged ETF by 80.5% during the 4th quarter. Royal Bank of Canada now owns 4,468 shares of the company’s stock valued at $168,000 after buying an additional 1,993 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Franklin FTSE Japan Hedged ETF during the 4th quarter valued at $32,000. Wells Fargo & Company MN lifted its stake in shares of Franklin FTSE Japan Hedged ETF by 3,942.2% during the 4th quarter. Wells Fargo & Company MN now owns 13,703 shares of the company’s stock valued at $516,000 after buying an additional 13,364 shares in the last quarter. Finally, Dunhill Financial LLC purchased a new position in shares of Franklin FTSE Japan Hedged ETF during the 4th quarter valued at $33,000.

About Franklin FTSE Japan Hedged ETF

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.