Franklin FTSE Australia ETF (NYSEARCA:FLAU) Short Interest Update

Franklin FTSE Australia ETF (NYSEARCA:FLAU) was the target of a significant growth in short interest in April. As of April 30th, there was short interest totaling 3,623 shares, a growth of 850.9% from the April 15th total of 381 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 25,435 shares, the short-interest ratio is presently 0.1 days.

Franklin FTSE Australia ETF Stock Performance

Shares of FLAU stock traded down $0.20 during trading hours on Wednesday, reaching $34.71. The company had a trading volume of 1,529 shares, compared to its average volume of 20,271. The stock has a fifty day moving average of $34.28 and a 200-day moving average of $33.10. The company has a market capitalization of $93.72 million, a price-to-earnings ratio of 20.41 and a beta of 0.99. Franklin FTSE Australia ETF has a 12-month low of $29.64 and a 12-month high of $39.87.

Institutional Investors Weigh In On Franklin FTSE Australia ETF

Large investors have recently made changes to their positions in the stock. National Bank of Canada FI grew its position in shares of Franklin FTSE Australia ETF by 37.1% in the third quarter. National Bank of Canada FI now owns 6,956 shares of the company’s stock valued at $223,000 after purchasing an additional 1,882 shares in the last quarter. ES4 LLC purchased a new stake in shares of Franklin FTSE Australia ETF in the fourth quarter valued at approximately $289,000. Osaic Holdings Inc. grew its position in shares of Franklin FTSE Australia ETF by 8.6% in the second quarter. Osaic Holdings Inc. now owns 9,231 shares of the company’s stock valued at $286,000 after purchasing an additional 731 shares in the last quarter. Jane Street Group LLC grew its position in shares of Franklin FTSE Australia ETF by 53.5% in the fourth quarter. Jane Street Group LLC now owns 10,289 shares of the company’s stock valued at $323,000 after purchasing an additional 3,587 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of Franklin FTSE Australia ETF by 8,880.4% in the second quarter. Bank of America Corp DE now owns 20,206 shares of the company’s stock valued at $627,000 after purchasing an additional 19,981 shares in the last quarter.

Franklin FTSE Australia ETF Company Profile

The Franklin FTSE Australia ETF (FLAU) is an exchange-traded fund that is based on the FTSE Australia RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Australian stocks. FLAU was launched on Nov 2, 2017 and is managed by Franklin Templeton.