Franklin Focused Growth ETF (BATS:FFOG – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 32,826 shares, a growth of 127.4% from the September 30th total of 14,437 shares. Based on an average daily volume of 40,178 shares, the short-interest ratio is currently 0.8 days. Currently, 1.0% of the company’s shares are sold short.
Franklin Focused Growth ETF Price Performance
Shares of BATS FFOG opened at $48.75 on Friday. The stock has a market capitalization of $165.75 million, a P/E ratio of 47.17 and a beta of 1.43. Franklin Focused Growth ETF has a 1 year low of $38.89 and a 1 year high of $53.78. The company has a 50-day moving average price of $50.36 and a 200-day moving average price of $47.89.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Latitude Advisors LLC bought a new position in Franklin Focused Growth ETF in the third quarter valued at $67,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Franklin Focused Growth ETF in the third quarter worth $87,000. Western Wealth Management LLC purchased a new position in Franklin Focused Growth ETF during the 1st quarter valued at about $249,000. RFG Advisory LLC bought a new stake in Franklin Focused Growth ETF in the second quarter valued at $253,000. Finally, Sigma Planning Corp bought a new position in shares of Franklin Focused Growth ETF in the 3rd quarter worth approximately $254,000.
About Franklin Focused Growth ETF
The Franklin Focused Growth ETF FOCUSED GROWTH ETF (FFOG) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in equities perceived to have strong fundamentals and prospects for growth. The fund does not limit investments to any particular market-cap, industry or geography. FFOG was launched on Apr 13, 2016 and is issued by Franklin Templeton.
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