Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) Short Interest Update
by Michael Walen · The Markets DailyFranklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 504 shares, a drop of 93.4% from the July 30th total of 7,584 shares. Based on an average daily volume of 6,184 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.
Institutional Investors Weigh In On Franklin U.S. Small Cap Multifactor Index ETF
Hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC acquired a new stake in shares of Franklin U.S. Small Cap Multifactor Index ETF in the 4th quarter worth $61,000. IFP Advisors Inc raised its stake in Franklin U.S. Small Cap Multifactor Index ETF by 8.7% in the fourth quarter. IFP Advisors Inc now owns 3,496 shares of the company’s stock valued at $151,000 after buying an additional 279 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Franklin U.S. Small Cap Multifactor Index ETF in the second quarter valued at about $256,000. CWM LLC boosted its holdings in 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 acquiring an additional 5,815 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in Franklin U.S. Small Cap Multifactor Index ETF by 5.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 7,363 shares of the company’s stock worth $318,000 after acquiring an additional 390 shares in the last quarter.
Franklin U.S. Small Cap Multifactor Index ETF Stock Performance
BATS FLQS traded down $0.09 on Tuesday, reaching $49.80. 821 shares of the stock traded hands, compared to its average volume of 6,922. Franklin U.S. Small Cap Multifactor Index ETF has a 12 month low of $40.76 and a 12 month high of $50.86. The company has a fifty day moving average price of $49.24 and a 200-day moving average price of $46.44. The company has a market cap of $57.27 million, a price-to-earnings ratio of 16.41 and a beta of 0.99.
About Franklin U.S. Small Cap Multifactor Index ETF
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.