Franklin FTSE Canada ETF (NYSEARCA:FLCA) Short Interest Update

Franklin FTSE Canada ETF (NYSEARCA:FLCA) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 161,909 shares, an increase of 41.3% from the November 30th total of 114,593 shares. Currently, 1.4% of the shares of the stock are sold short. Based on an average trading volume of 25,292 shares, the days-to-cover ratio is currently 6.4 days. Based on an average trading volume of 25,292 shares, the days-to-cover ratio is currently 6.4 days. Currently, 1.4% of the shares of the stock are sold short.

Institutional Trading of Franklin FTSE Canada ETF

Institutional investors have recently bought and sold shares of the stock. Bank of Montreal Can raised its stake in Franklin FTSE Canada ETF by 12.5% during the second quarter. Bank of Montreal Can now owns 56,623 shares of the company’s stock worth $2,364,000 after acquiring an additional 6,295 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Franklin FTSE Canada ETF in the 1st quarter valued at $27,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Franklin FTSE Canada ETF in the 2nd quarter valued at $233,000. Courier Capital LLC grew its holdings in shares of Franklin FTSE Canada ETF by 2.5% in the 2nd quarter. Courier Capital LLC now owns 53,141 shares of the company’s stock worth $2,219,000 after purchasing an additional 1,275 shares during the last quarter. Finally, Elm Partners Management LLC increased its position in shares of Franklin FTSE Canada ETF by 174.4% during the 2nd quarter. Elm Partners Management LLC now owns 30,758 shares of the company’s stock worth $1,284,000 after purchasing an additional 19,548 shares in the last quarter.

Franklin FTSE Canada ETF Stock Down 0.3%

FLCA traded down $0.16 during midday trading on Tuesday, reaching $48.60. 16,069 shares of the company’s stock were exchanged, compared to its average volume of 27,162. The firm has a market capitalization of $556.47 million, a price-to-earnings ratio of 19.67 and a beta of 0.93. Franklin FTSE Canada ETF has a one year low of $33.59 and a one year high of $49.07. The business has a 50-day simple moving average of $46.66 and a two-hundred day simple moving average of $44.48.

Franklin FTSE Canada ETF Company Profile

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