Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Sees Significant Decrease in Short Interest

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 11,111 shares, a decline of 77.0% from the March 15th total of 48,335 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 30,813 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Franklin Liberty Short Duration US Government ETF

Several hedge funds and other institutional investors have recently bought and sold shares of FTSD. Ameriflex Group Inc. acquired a new position in shares of Franklin Liberty Short Duration US Government ETF in the 3rd quarter valued at $180,000. StoneX Group Inc. purchased a new stake in shares of Franklin Liberty Short Duration US Government ETF during the 4th quarter valued at $224,000. Kestra Advisory Services LLC grew its stake in shares of Franklin Liberty Short Duration US Government ETF by 21.7% during the 4th quarter. Kestra Advisory Services LLC now owns 2,739 shares of the company’s stock valued at $249,000 after buying an additional 488 shares during the period. IFP Advisors Inc purchased a new stake in shares of Franklin Liberty Short Duration US Government ETF during the 3rd quarter valued at $288,000. Finally, World Investment Advisors grew its stake in shares of Franklin Liberty Short Duration US Government ETF by 42.8% during the 3rd quarter. World Investment Advisors now owns 3,334 shares of the company’s stock valued at $304,000 after buying an additional 1,000 shares during the period.

Franklin Liberty Short Duration US Government ETF Stock Up 0.0%

FTSD stock traded up $0.03 during midday trading on Monday, hitting $90.59. The stock had a trading volume of 11,897 shares, compared to its average volume of 30,887. Franklin Liberty Short Duration US Government ETF has a 12-month low of $89.65 and a 12-month high of $91.70. The company’s 50-day moving average price is $90.82 and its 200 day moving average price is $90.92.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.