Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) Short Interest Update

Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 18,356 shares, an increase of 591.9% from the July 15th total of 2,653 shares. Based on an average daily volume of 43,749 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FLUD. Royal Bank of Canada acquired a new stake in shares of Franklin Ultra Short Bond ETF in the 1st quarter valued at $973,000. Jane Street Group LLC increased its position in shares of Franklin Ultra Short Bond ETF by 105.6% during the 2nd quarter. Jane Street Group LLC now owns 32,176 shares of the company’s stock worth $806,000 after purchasing an additional 16,529 shares in the last quarter. Citadel Advisors LLC increased its position in shares of Franklin Ultra Short Bond ETF by 40.7% during the 3rd quarter. Citadel Advisors LLC now owns 32,825 shares of the company’s stock worth $824,000 after purchasing an additional 9,491 shares in the last quarter. LPL Financial LLC lifted its holdings in Franklin Ultra Short Bond ETF by 57.3% during the 4th quarter. LPL Financial LLC now owns 176,008 shares of the company’s stock valued at $4,397,000 after purchasing an additional 64,095 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new position in Franklin Ultra Short Bond ETF during the 4th quarter valued at about $999,000.

Franklin Ultra Short Bond ETF Trading Up 0.2%

Shares of FLUD traded up $0.04 during mid-day trading on Thursday, reaching $25.00. The company had a trading volume of 76,283 shares, compared to its average volume of 168,878. Franklin Ultra Short Bond ETF has a twelve month low of $24.88 and a twelve month high of $25.50. The company’s 50-day moving average is $24.99 and its 200-day moving average is $25.00.

Franklin Ultra Short Bond ETF Company Profile

The Franklin Ultra Short Bond ETF (FLUD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of broad investment-grade, ultra-short term bonds. FLUD was launched on Jul 14, 2020 and is managed by Franklin Templeton.