Short Interest in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Declines By 65.9%

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 45,543 shares, a decline of 65.9% from the November 30th total of 133,438 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 369,622 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 369,622 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Franklin U.S. Core Bond ETF Stock Performance

NYSEARCA FLCB opened at $21.66 on Friday. Franklin U.S. Core Bond ETF has a 52-week low of $20.80 and a 52-week high of $21.95. The company has a 50-day simple moving average of $21.73 and a 200 day simple moving average of $21.59.

Institutional Trading of Franklin U.S. Core Bond ETF

Several large investors have recently added to or reduced their stakes in FLCB. Jane Street Group LLC raised its holdings in Franklin U.S. Core Bond ETF by 653.3% in the 1st quarter. Jane Street Group LLC now owns 543,306 shares of the company’s stock worth $11,678,000 after purchasing an additional 471,184 shares in the last quarter. Royal Bank of Canada increased its position in shares of Franklin U.S. Core Bond ETF by 6.6% during the first quarter. Royal Bank of Canada now owns 60,053 shares of the company’s stock valued at $1,291,000 after buying an additional 3,707 shares during the period. NewEdge Advisors LLC raised its stake in Franklin U.S. Core Bond ETF by 1,614.2% in the first quarter. NewEdge Advisors LLC now owns 37,506 shares of the company’s stock worth $806,000 after buying an additional 35,318 shares in the last quarter. First Citizens Financial Corp lifted its holdings in Franklin U.S. Core Bond ETF by 3.7% in the second quarter. First Citizens Financial Corp now owns 21,338 shares of the company’s stock worth $459,000 after buying an additional 762 shares during the period. Finally, IFP Advisors Inc boosted its position in Franklin U.S. Core Bond ETF by 14.1% during the 2nd quarter. IFP Advisors Inc now owns 7,983 shares of the company’s stock valued at $172,000 after acquiring an additional 986 shares in the last quarter.

Franklin U.S. Core Bond ETF Company Profile

The Franklin U.S. Core Bond ETF (FLCB) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S FLCB was launched on Sep 17, 2019 and is managed by Franklin Templeton.