Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Down 17.7% in December

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the target of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 11,123 shares, a decrease of 17.7% from the December 15th total of 13,507 shares. Based on an average daily trading volume, of 45,031 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 45,031 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its stake in shares of Franklin Liberty Short Duration US Government ETF by 891.5% during the second quarter. PNC Financial Services Group Inc. now owns 466 shares of the company’s stock valued at $42,000 after buying an additional 419 shares during the period. Briaud Financial Planning Inc purchased a new position in shares of Franklin Liberty Short Duration US Government ETF in the 2nd quarter worth about $56,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Franklin Liberty Short Duration US Government ETF during the second quarter valued at approximately $63,000. Ameriflex Group Inc. purchased a new position in shares of Franklin Liberty Short Duration US Government ETF in the third quarter worth $180,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of Franklin Liberty Short Duration US Government ETF during the 2nd quarter valued at about $217,000.

Franklin Liberty Short Duration US Government ETF Trading Up 0.0%

FTSD opened at $91.03 on Tuesday. The company’s 50-day moving average price is $90.96 and its two-hundred day moving average price is $90.90. Franklin Liberty Short Duration US Government ETF has a twelve month low of $89.65 and a twelve month high of $93.47.

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.