Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) Short Interest Update

Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 348 shares, a growth of 210.7% from the May 31st total of 112 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,248 shares, the short-interest ratio is presently 0.1 days.

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

Hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. lifted its position in Franklin U.S. Small Cap Multifactor Index ETF by 81.5% in the 4th quarter. Osaic Holdings Inc. now owns 68,112 shares of the company’s stock valued at $2,942,000 after acquiring an additional 30,583 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Franklin U.S. Small Cap Multifactor Index ETF in the second quarter worth $256,000. CWM LLC raised its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 506.5% in the fourth quarter. CWM LLC now owns 6,963 shares of the company’s stock worth $301,000 after purchasing an additional 5,815 shares during the last quarter. Redhawk Wealth Advisors Inc. lifted its holdings in shares of Franklin U.S. Small Cap Multifactor Index ETF by 2.4% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 208,789 shares of the company’s stock valued at $9,019,000 after purchasing an additional 4,804 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Franklin U.S. Small Cap Multifactor Index ETF by 41.0% during the third quarter. Bank of America Corp DE now owns 14,404 shares of the company’s stock valued at $633,000 after purchasing an additional 4,185 shares in the last quarter.

Franklin U.S. Small Cap Multifactor Index ETF Stock Performance

Shares of BATS FLQS opened at $48.82 on Friday. The firm’s 50 day moving average price is $46.12 and its 200-day moving average price is $44.91. Franklin U.S. Small Cap Multifactor Index ETF has a 52-week low of $40.26 and a 52-week high of $48.82. The company has a market cap of $56.14 million, a PE ratio of 16.41 and a beta of 0.99.

Franklin U.S. Small Cap Multifactor Index ETF Company Profile

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.