Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) Stock Short Interest Report for September

Franklin U.S. Treasury Bond ETF (NYSEARCA:FLGV) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 48,978 shares, a drop of 37.7% from the September 15th total of 78,670 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 830,928 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Concurrent Investment Advisors LLC boosted its holdings in Franklin U.S. Treasury Bond ETF by 6.2% in the second quarter. Concurrent Investment Advisors LLC now owns 500,532 shares of the company’s stock worth $10,151,000 after purchasing an additional 29,278 shares during the last quarter. World Investment Advisors bought a new stake in Franklin U.S. Treasury Bond ETF in the 4th quarter worth approximately $921,000. Sequent Planning LLC raised its stake in Franklin U.S. Treasury Bond ETF by 10.3% during the 1st quarter. Sequent Planning LLC now owns 321,888 shares of the company’s stock valued at $6,576,000 after buying an additional 29,990 shares during the last quarter. First Heartland Consultants Inc. purchased a new stake in Franklin U.S. Treasury Bond ETF during the 3rd quarter valued at $9,079,000. Finally, Citadel Advisors LLC raised its stake in Franklin U.S. Treasury Bond ETF by 59.5% during the 2nd quarter. Citadel Advisors LLC now owns 193,448 shares of the company’s stock valued at $3,923,000 after buying an additional 72,136 shares during the last quarter.

Franklin U.S. Treasury Bond ETF Stock Performance

Franklin U.S. Treasury Bond ETF stock traded up $0.01 on Friday, hitting $19.62. 216,299 shares of the stock traded hands, compared to its average volume of 178,107. Franklin U.S. Treasury Bond ETF has a 1 year low of $19.33 and a 1 year high of $20.89. The business’s fifty day simple moving average is $19.74 and its 200 day simple moving average is $20.05.

Franklin U.S. Treasury Bond ETF Company Profile

The Franklin U.S. Treasury Bond ETF (FLGV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in US Treasurys with remaining maturities of 1 30 years. FLGV was launched on Jun 9, 2020 and is managed by Franklin Templeton.