Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Short Interest Update

Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 89,674 shares, a growth of 167.8% from the April 15th total of 33,484 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 441,461 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FLCB. Root Financial Partners LLC purchased a new position in Franklin U.S. Core Bond ETF in the 3rd quarter valued at $38,000. CWM LLC purchased a new position in Franklin U.S. Core Bond ETF in the 3rd quarter valued at $50,000. Wilmington Savings Fund Society FSB purchased a new position in Franklin U.S. Core Bond ETF in the 3rd quarter valued at $52,000. Kestra Advisory Services LLC purchased a new position in Franklin U.S. Core Bond ETF in the 4th quarter valued at $78,000. Finally, Orion Porfolio Solutions LLC purchased a new position in Franklin U.S. Core Bond ETF in the 4th quarter valued at $212,000.

Franklin U.S. Core Bond ETF Stock Performance

Shares of FLCB stock opened at $21.33 on Friday. The stock’s fifty day moving average is $21.50 and its two-hundred day moving average is $21.64. Franklin U.S. Core Bond ETF has a fifty-two week low of $20.98 and a fifty-two week high of $21.96.

About Franklin U.S. Core Bond ETF

The Franklin U.S. Core Bond ETF (FLCB) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S FLCB was launched on Sep 17, 2019 and is managed by Franklin Templeton.