Short Interest in Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) Decreases By 46.2%

Franklin Systematic Style Premia ETF (NYSEARCA:FLSP) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 23,578 shares, a decrease of 46.2% from the November 30th total of 43,819 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 23,783 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 23,783 shares, the short-interest ratio is currently 1.0 days. Currently, 0.1% of the company’s stock are short sold.

Franklin Systematic Style Premia ETF Trading Up 0.5%

Shares of NYSEARCA:FLSP opened at $27.04 on Friday. Franklin Systematic Style Premia ETF has a 12-month low of $23.00 and a 12-month high of $27.43. The business’s fifty day simple moving average is $26.91 and its 200-day simple moving average is $25.77. The company has a market capitalization of $538.10 million, a PE ratio of 18.32 and a beta of 0.01.

Institutional Trading of Franklin Systematic Style Premia ETF

Several hedge funds have recently modified their holdings of FLSP. Franklin Resources Inc. boosted its holdings in shares of Franklin Systematic Style Premia ETF by 1.6% in the 3rd quarter. Franklin Resources Inc. now owns 5,849,681 shares of the company’s stock valued at $155,134,000 after buying an additional 91,130 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Franklin Systematic Style Premia ETF by 11.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,182,125 shares of the company’s stock worth $31,350,000 after purchasing an additional 124,396 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Franklin Systematic Style Premia ETF by 12.1% during the third quarter. PNC Financial Services Group Inc. now owns 1,179,936 shares of the company’s stock worth $31,292,000 after purchasing an additional 127,586 shares in the last quarter. Bank of America Corp DE increased its position in shares of Franklin Systematic Style Premia ETF by 1.3% during the second quarter. Bank of America Corp DE now owns 1,071,206 shares of the company’s stock worth $25,816,000 after purchasing an additional 13,975 shares in the last quarter. Finally, KWB Wealth lifted its holdings in shares of Franklin Systematic Style Premia ETF by 165.1% during the 3rd quarter. KWB Wealth now owns 280,364 shares of the company’s stock valued at $7,435,000 after purchasing an additional 174,609 shares during the last quarter.

Franklin Systematic Style Premia ETF Company Profile

The Franklin Systematic Style Premia ETF (FLSP) is an exchange-traded fund that is based on the IQ Hedge Market Neutral index. The fund is an actively managed, absolute return fund that aims to produce positive returns in a rising or falling market by employing a multi-asset, long\u002Fshort strategy via the use of derivatives. FLSP was launched on Dec 18, 2019 and is managed by Franklin Templeton.