Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) Short Interest Update

Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 346 shares, a decrease of 83.7% from the July 30th total of 2,126 shares. Based on an average daily trading volume, of 16,634 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Franklin Municipal Green Bond ETF Price Performance

NYSEARCA FLMB traded down $0.02 during trading hours on Wednesday, reaching $23.39. The company’s stock had a trading volume of 4,594 shares, compared to its average volume of 14,978. The company’s 50-day moving average is $23.67 and its two-hundred day moving average is $23.80. Franklin Municipal Green Bond ETF has a fifty-two week low of $22.78 and a fifty-two week high of $24.29.

Institutional Investors Weigh In On Franklin Municipal Green Bond ETF

A number of institutional investors have recently bought and sold shares of FLMB. Goldman Sachs Group Inc. purchased a new position in Franklin Municipal Green Bond ETF in the 1st quarter valued at about $421,000. Jane Street Group LLC acquired a new position in Franklin Municipal Green Bond ETF during the 1st quarter valued at about $1,178,000. Flow Traders U.S. LLC raised its holdings in Franklin Municipal Green Bond ETF by 23.8% during the second quarter. Flow Traders U.S. LLC now owns 19,112 shares of the company’s stock worth $441,000 after purchasing an additional 3,670 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Franklin Municipal Green Bond ETF during the 2nd quarter valued at about $115,000. Finally, Thrivent Financial for Lutherans acquired a new stake in Franklin Municipal Green Bond ETF during the 4th quarter valued at $3,091,000.

Franklin Municipal Green Bond ETF Company Profile

The Franklin Municipal Green Bond ETF (FLMB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with a broad range in maturities, that intend to finance projects promoting environmental sustainability. FLMB was launched on Aug 31, 2017 and is managed by Franklin Templeton.