Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) Short Interest Down 96.6% in May

Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 35 shares, a decline of 96.6% from the April 30th total of 1,024 shares. Based on an average trading volume of 5,744 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Franklin U.S. Small Cap Multifactor Index ETF

Large investors have recently modified their holdings of the company. IFP Advisors Inc boosted its stake in Franklin U.S. Small Cap Multifactor Index ETF by 8.7% in the fourth quarter. IFP Advisors Inc now owns 3,496 shares of the company’s stock worth $151,000 after buying an additional 279 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 1.4% during the first quarter. Cetera Investment Advisers now owns 26,139 shares of the company’s stock worth $1,116,000 after acquiring an additional 359 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Franklin U.S. Small Cap Multifactor Index ETF by 5.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 7,363 shares of the company’s stock worth $318,000 after acquiring an additional 390 shares during the last quarter. Harbour Investments Inc. lifted its holdings in shares of Franklin U.S. Small Cap Multifactor Index ETF by 2.3% in the 4th quarter. Harbour Investments Inc. now owns 18,226 shares of the company’s stock worth $787,000 after acquiring an additional 408 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 6.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 16,509 shares of the company’s stock valued at $713,000 after purchasing an additional 1,045 shares in the last quarter.

Franklin U.S. Small Cap Multifactor Index ETF Stock Down 0.2%

BATS:FLQS traded down $0.08 during midday trading on Wednesday, hitting $46.06. The company had a trading volume of 2,232 shares, compared to its average volume of 9,147. The stock’s fifty day moving average price is $44.54 and its 200-day moving average price is $44.23. Franklin U.S. Small Cap Multifactor Index ETF has a 52-week low of $40.02 and a 52-week high of $46.51. The company has a market capitalization of $52.97 million, a PE ratio of 16.41 and a beta of 0.99.

About Franklin U.S. Small Cap Multifactor Index ETF

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.