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

by · The Cerbat Gem

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

Franklin Ultra Short Bond ETF Price Performance

Shares of NYSEARCA:FLUD traded up $0.02 during midday trading on Wednesday, reaching $24.99. The company had a trading volume of 18,038 shares, compared to its average volume of 168,725. The business’s 50 day moving average price is $24.99 and its 200 day moving average price is $25.00. Franklin Ultra Short Bond ETF has a 1-year low of $24.88 and a 1-year high of $25.50.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Cetera Investment Advisers bought a new stake in shares of Franklin Ultra Short Bond ETF during the 4th quarter worth approximately $211,000. Janney Montgomery Scott LLC acquired a new position in shares of Franklin Ultra Short Bond ETF during the 1st quarter worth approximately $355,000. CacheTech Inc. bought a new position in shares of Franklin Ultra Short Bond ETF during the fourth quarter worth approximately $739,000. Jane Street Group LLC increased its holdings in shares of Franklin Ultra Short Bond ETF by 105.6% during the second 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 during the period. Finally, Citadel Advisors LLC raised its position in shares of Franklin Ultra Short Bond ETF by 40.7% in the third quarter. Citadel Advisors LLC now owns 32,825 shares of the company’s stock valued at $824,000 after buying an additional 9,491 shares in the last quarter.

Franklin Ultra Short Bond ETF Company Profile

(Get Free Report)

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.

See Also