Franklin FTSE Canada ETF (NYSEARCA:FLCA) Short Interest Update

Franklin FTSE Canada ETF (NYSEARCA:FLCA) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 385,049 shares, an increase of 296.1% from the August 15th total of 97,201 shares. Currently, 2.5% of the shares of the company are sold short. Based on an average daily volume of 63,518 shares, the days-to-cover ratio is presently 6.1 days.

Franklin FTSE Canada ETF Stock Performance

NYSEARCA FLCA opened at $54.06 on Friday. Franklin FTSE Canada ETF has a twelve month low of $44.17 and a twelve month high of $55.96. The stock has a market cap of $821.71 million, a PE ratio of 19.67 and a beta of 0.85. The firm has a 50-day simple moving average of $54.01 and a 200 day simple moving average of $52.17.

Institutional Trading of Franklin FTSE Canada ETF

Hedge funds have recently modified their holdings of the company. ES4 LLC bought a new stake in shares of Franklin FTSE Canada ETF during the fourth quarter valued at approximately $4,588,000. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Franklin FTSE Canada ETF in the fourth quarter valued at $628,000. Bank of America Corp DE lifted its position in Franklin FTSE Canada ETF by 20.4% in the first quarter. Bank of America Corp DE now owns 4,251,730 shares of the company’s stock worth $208,080,000 after purchasing an additional 720,745 shares during the period. Csenge Advisory Group lifted its position in Franklin FTSE Canada ETF by 158.4% in the fourth quarter. Csenge Advisory Group now owns 32,188 shares of the company’s stock worth $1,555,000 after purchasing an additional 19,729 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new stake in Franklin FTSE Canada ETF during the fourth quarter worth $1,029,000.

About Franklin FTSE Canada ETF

The Franklin FTSE Canada ETF (FLCA) is an exchange-traded fund that is based on the FTSE Canada RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Canadian stocks. FLCA was launched on Nov 2, 2017 and is managed by Franklin Templeton.