Franklin FTSE Japan ETF (NYSEARCA:FLJP) Short Interest Update
by Kim Johansen · The Markets DailyFranklin FTSE Japan ETF (NYSEARCA:FLJP – Get Free Report) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 1,969,692 shares, an increase of 750.0% from the March 15th total of 231,729 shares. Based on an average daily volume of 1,910,577 shares, the days-to-cover ratio is presently 1.0 days. Currently, 2.3% of the company’s stock are short sold.
Franklin FTSE Japan ETF Stock Performance
NYSEARCA FLJP opened at $37.82 on Friday. The business has a 50 day simple moving average of $37.47 and a 200 day simple moving average of $36.13. Franklin FTSE Japan ETF has a 52-week low of $27.71 and a 52-week high of $40.22. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 14.28 and a beta of 0.64.
Hedge Funds Weigh In On Franklin FTSE Japan ETF
Large investors have recently bought and sold shares of the company. CWM LLC boosted its position in Franklin FTSE Japan ETF by 205.7% during the 3rd quarter. CWM LLC now owns 35,617 shares of the company’s stock worth $1,231,000 after acquiring an additional 23,966 shares during the last quarter. Accordant Advisory Group Inc boosted its position in Franklin FTSE Japan ETF by 24.9% during the 3rd quarter. Accordant Advisory Group Inc now owns 149,839 shares of the company’s stock worth $5,178,000 after acquiring an additional 29,874 shares during the last quarter. Virtus Family Office LLC boosted its position in Franklin FTSE Japan ETF by 84.5% during the 3rd quarter. Virtus Family Office LLC now owns 32,841 shares of the company’s stock worth $1,135,000 after acquiring an additional 15,041 shares during the last quarter. OneDigital Investment Advisors LLC boosted its position in Franklin FTSE Japan ETF by 169.8% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 77,243 shares of the company’s stock worth $2,670,000 after acquiring an additional 48,615 shares during the last quarter. Finally, Cercano Management LLC acquired a new position in Franklin FTSE Japan ETF during the 3rd quarter worth approximately $13,791,000.
Franklin FTSE Japan ETF Company Profile
The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.