Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Short Interest Down 90.8% in August

Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 16,638 shares, a decline of 90.8% from the July 30th total of 181,280 shares. Based on an average daily trading volume, of 297,829 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Franklin FTSE United Kingdom ETF Stock Down 0.8%

Shares of NYSEARCA FLGB traded down $0.30 during midday trading on Wednesday, hitting $37.71. The stock had a trading volume of 22,408 shares, compared to its average volume of 175,587. The stock has a 50 day simple moving average of $36.39 and a 200-day simple moving average of $35.93. The company has a market capitalization of $908.81 million, a PE ratio of 15.48 and a beta of 0.64. Franklin FTSE United Kingdom ETF has a 1 year low of $31.22 and a 1 year high of $38.03.

Institutional Trading of Franklin FTSE United Kingdom ETF

Several large investors have recently bought and sold shares of FLGB. Bank of America Corp DE grew its position in shares of Franklin FTSE United Kingdom ETF by 4.3% in the third quarter. Bank of America Corp DE now owns 10,517,848 shares of the company’s stock valued at $339,832,000 after purchasing an additional 435,145 shares in the last quarter. Franklin Resources Inc. boosted its stake in Franklin FTSE United Kingdom ETF by 625,000.0% during the third quarter. Franklin Resources Inc. now owns 1,200,192 shares of the company’s stock worth $38,778,000 after buying an additional 1,200,000 shares during the period. GHP Investment Advisors Inc. increased its position in shares of Franklin FTSE United Kingdom ETF by 2.5% during the first quarter. GHP Investment Advisors Inc. now owns 800,187 shares of the company’s stock valued at $27,815,000 after acquiring an additional 19,845 shares during the last quarter. LPL Financial LLC raised its stake in shares of Franklin FTSE United Kingdom ETF by 1.7% in the 4th quarter. LPL Financial LLC now owns 392,481 shares of the company’s stock valued at $13,246,000 after acquiring an additional 6,726 shares during the period. Finally, UBS Group AG lifted its holdings in shares of Franklin FTSE United Kingdom ETF by 2.3% in the 3rd quarter. UBS Group AG now owns 340,322 shares of the company’s stock worth $10,996,000 after acquiring an additional 7,758 shares during the last quarter.

Franklin FTSE United Kingdom ETF Company Profile

The Franklin FTSE United Kingdom ETF (FLGB) is an exchange-traded fund that is based on the FTSE UK RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap companies from the United Kingdom. FLGB was launched on Nov 2, 2017 and is managed by Franklin Templeton.