Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Up 174.4% in May

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 6,734 shares, a growth of 174.4% from the May 14th total of 2,454 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 15,516 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Franklin Liberty Short Duration US Government ETF

A number of institutional investors and hedge funds have recently modified their holdings of FTSD. Ameriflex Group Inc. bought a new position in shares of Franklin Liberty Short Duration US Government ETF in the third quarter worth approximately $180,000. StoneX Group Inc. bought a new position in Franklin Liberty Short Duration US Government ETF during the fourth quarter valued at approximately $224,000. Kestra Advisory Services LLC grew its position in Franklin Liberty Short Duration US Government ETF by 21.7% during the fourth quarter. Kestra Advisory Services LLC now owns 2,739 shares of the company’s stock valued at $249,000 after acquiring an additional 488 shares during the last quarter. IFP Advisors Inc bought a new position in shares of Franklin Liberty Short Duration US Government ETF in the third quarter worth approximately $288,000. Finally, Janney Montgomery Scott LLC bought a new position in shares of Franklin Liberty Short Duration US Government ETF in the fourth quarter worth approximately $324,000.

Franklin Liberty Short Duration US Government ETF Trading Down 0.1%

Shares of Franklin Liberty Short Duration US Government ETF stock traded down $0.06 on Friday, reaching $90.24. The stock had a trading volume of 23,866 shares, compared to its average volume of 25,975. Franklin Liberty Short Duration US Government ETF has a 1 year low of $89.65 and a 1 year high of $91.51. The business’s 50 day moving average is $90.45 and its two-hundred day moving average is $90.77.

Franklin Liberty Short Duration US Government ETF Company Profile

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.