Franklin High Yield Corporate ETF (BATS:FLHY) Stock Short Interest Report for October

Franklin High Yield Corporate ETF (BATS:FLHY) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 3,316 shares, a drop of 95.0% from the September 30th total of 66,610 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 337,746 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On Franklin High Yield Corporate ETF

Several hedge funds have recently bought and sold shares of the company. Citizens Financial Group Inc. RI acquired a new position in Franklin High Yield Corporate ETF in the 3rd quarter valued at about $1,024,000. Fifth Third Securities Inc. bought a new position in Franklin High Yield Corporate ETF in the 3rd quarter valued at about $472,000. Prentice Wealth Management LLC lifted its position in Franklin High Yield Corporate ETF by 5.1% during the third quarter. Prentice Wealth Management LLC now owns 1,131,765 shares of the company’s stock worth $26,489,000 after acquiring an additional 54,575 shares during the last quarter. Sprinkle Financial Consultants LLC acquired a new stake in Franklin High Yield Corporate ETF during the third quarter worth approximately $461,000. Finally, Envestnet Asset Management Inc. lifted its position in Franklin High Yield Corporate ETF by 155.3% during the second quarter. Envestnet Asset Management Inc. now owns 362,056 shares of the company’s stock worth $8,794,000 after acquiring an additional 220,256 shares during the last quarter.

Franklin High Yield Corporate ETF Trading Up 0.1%

FLHY traded up $0.02 during mid-day trading on Monday, hitting $23.44. The stock had a trading volume of 267,221 shares, compared to its average volume of 291,512. The stock’s fifty day simple moving average is $23.74 and its 200-day simple moving average is $24.16. Franklin High Yield Corporate ETF has a 1-year low of $23.14 and a 1-year high of $24.63.

Franklin High Yield Corporate ETF Company Profile

The Franklin High Yield Corporate ETF (FLHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed portfolio of global high-yield corporate debt. The fund seeks high current income, with capital appreciation as a secondary goal. FLHY was launched on May 30, 2018 and is managed by Franklin Templeton.