Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) Short Interest Update

Franklin FTSE United Kingdom ETF (NYSEARCA:FLGB) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 32,830 shares, a drop of 87.6% from the November 30th total of 263,870 shares. Based on an average daily trading volume, of 121,854 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 121,854 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bell Investment Advisors Inc raised its position in shares of Franklin FTSE United Kingdom ETF by 13.3% in the first quarter. Bell Investment Advisors Inc now owns 4,557 shares of the company’s stock valued at $131,000 after buying an additional 536 shares in the last quarter. Meridian Investment Counsel Inc. increased its stake in Franklin FTSE United Kingdom ETF by 0.9% during the 3rd quarter. Meridian Investment Counsel Inc. now owns 66,925 shares of the company’s stock worth $2,162,000 after acquiring an additional 600 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Franklin FTSE United Kingdom ETF by 79.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,553 shares of the company’s stock valued at $48,000 after acquiring an additional 686 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Franklin FTSE United Kingdom ETF during the 2nd quarter valued at $25,000. Finally, Innealta Capital LLC grew its holdings in shares of Franklin FTSE United Kingdom ETF by 0.6% during the 3rd quarter. Innealta Capital LLC now owns 145,576 shares of the company’s stock worth $4,704,000 after purchasing an additional 923 shares in the last quarter.

Franklin FTSE United Kingdom ETF Stock Performance

Shares of FLGB stock traded up $0.19 on Friday, hitting $33.88. The company’s stock had a trading volume of 39,239 shares, compared to its average volume of 144,309. Franklin FTSE United Kingdom ETF has a fifty-two week low of $25.10 and a fifty-two week high of $33.90. The company has a market capitalization of $950.33 million, a PE ratio of 15.48 and a beta of 0.75. The stock’s 50 day moving average is $32.98 and its 200-day moving average is $31.99.

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.