Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Shares Shorted: Short Interest Down 70.3% in September

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 2,576 shares, a decline of 70.3% from the August 31st total of 8,687 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 37,224 shares, the days-to-cover ratio is currently 0.1 days.

Franklin Liberty Short Duration US Government ETF Trading Down 0.1%

NYSEARCA FTSD traded down $0.13 on Monday, reaching $88.95. The company had a trading volume of 58,897 shares, compared to its average volume of 27,334. The company’s fifty day moving average is $89.85 and its 200 day moving average is $90.23. Franklin Liberty Short Duration US Government ETF has a 52-week low of $88.86 and a 52-week high of $91.51.

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

Several large investors have recently added to or reduced their stakes in FTSD. Continuum Advisory LLC bought a new stake in Franklin Liberty Short Duration US Government ETF during the 2nd quarter valued at $29,000. World Investment Advisors boosted its position in shares of Franklin Liberty Short Duration US Government ETF by 7.3% during the 4th quarter. World Investment Advisors now owns 3,578 shares of the company’s stock valued at $326,000 after acquiring an additional 244 shares during the last quarter. Kestra Advisory Services LLC lifted its position in Franklin Liberty Short Duration US Government ETF by 75.5% during the first quarter. Kestra Advisory Services LLC now owns 4,806 shares of the company’s stock valued at $436,000 after purchasing an additional 2,067 shares during the last quarter. Asset Allocation Strategies LLC purchased a new position in Franklin Liberty Short Duration US Government ETF in the first quarter worth $439,000. Finally, Janney Montgomery Scott LLC increased its position in shares of Franklin Liberty Short Duration US Government ETF by 74.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 6,208 shares of the company’s stock valued at $564,000 after purchasing an additional 2,651 shares during the last quarter.

About Franklin Liberty Short Duration US Government ETF

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.