Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM) Sees Significant Drop in Short Interest

Franklin U.S. Mid Cap Multifactor Index ETF (BATS:FLQM – Get Free Report) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 99 shares, a decrease of 98.1% from the October 15th total of 5,194 shares. Based on an average daily volume of 81,004 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Franklin U.S. Mid Cap Multifactor Index ETF Stock Performance

Shares of FLQM stock opened at $63.07 on Thursday. The stock’s fifty day moving average price is $60.04 and its two-hundred day moving average price is $58.37. The company has a market cap of $1.49 billion, a PE ratio of 16.64 and a beta of 0.89. Franklin U.S. Mid Cap Multifactor Index ETF has a fifty-two week low of $53.87 and a fifty-two week high of $63.91.

Institutional Trading of Franklin U.S. Mid Cap Multifactor Index ETF

Several large investors have recently bought and sold shares of FLQM. Private Advisor Group LLC bought a new position in Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter valued at about $15,035,000. HighTower Advisors LLC bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth about $37,592,000. Harbour Investments Inc. bought a new position in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the third quarter worth about $951,000. Jacobi Capital Management LLC acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at approximately $155,000. Finally, M Holdings Securities Inc. acquired a new stake in shares of Franklin U.S. Mid Cap Multifactor Index ETF in the 3rd quarter valued at approximately $225,000.

Franklin U.S. Mid Cap Multifactor Index ETF Company Profile

(Get Free Report)

The Franklin U.S. Mid Cap Multifactor Index ETF (FLQM) is an exchange-traded fund that is based on the LibertyQ US Mid Cap Equity index. The fund tracks a US-listed mid-cap equity index that selects and weights constituents based on four factors: quality, value, momentum, and volatility. FLQM was launched on Apr 26, 2017 and is managed by Franklin Templeton.

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