Franklin FTSE Latin America ETF (NYSEARCA:FLLA) Short Interest Update

Franklin FTSE Latin America ETF (NYSEARCA:FLLA) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 37,000 shares, an increase of 81.4% from the August 31st total of 20,400 shares. Based on an average daily trading volume, of 14,500 shares, the days-to-cover ratio is presently 2.6 days. Based on an average daily trading volume, of 14,500 shares, the days-to-cover ratio is presently 2.6 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FLLA. Simon Quick Advisors LLC bought a new position in shares of Franklin FTSE Latin America ETF during the second quarter valued at about $1,780,000. OLD Mission Capital LLC lifted its position in shares of Franklin FTSE Latin America ETF by 505.1% during the first quarter. OLD Mission Capital LLC now owns 97,302 shares of the company’s stock valued at $1,891,000 after purchasing an additional 81,222 shares in the last quarter. Old Port Advisors lifted its position in shares of Franklin FTSE Latin America ETF by 463.5% during the second quarter. Old Port Advisors now owns 71,798 shares of the company’s stock valued at $1,559,000 after purchasing an additional 59,057 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Franklin FTSE Latin America ETF by 23.2% during the second quarter. Raymond James Financial Inc. now owns 68,096 shares of the company’s stock valued at $1,478,000 after purchasing an additional 12,836 shares in the last quarter. Finally, Wealthspire Advisors LLC bought a new position in shares of Franklin FTSE Latin America ETF during the second quarter valued at about $274,000.

Franklin FTSE Latin America ETF Stock Performance

NYSEARCA FLLA opened at $23.00 on Friday. The firm has a 50-day moving average of $22.16 and a 200-day moving average of $21.20. Franklin FTSE Latin America ETF has a 52-week low of $16.80 and a 52-week high of $23.65. The stock has a market cap of $39.10 million, a PE ratio of 10.26 and a beta of 1.08.

Franklin FTSE Latin America ETF Company Profile

The Franklin FTSE Latin America ETF (FLLA) is an exchange-traded fund that is based on the FTSE Latin America RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Latin American equities. FLLA was launched on Oct 9, 2018 and is managed by Franklin Templeton.