Franklin Focused Growth ETF (BATS:FFOG) Short Interest Update

Franklin Focused Growth ETF (BATS:FFOG) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 13,791 shares, a decrease of 51.9% from the May 14th total of 28,693 shares. Based on an average daily volume of 33,291 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in shares of Franklin Focused Growth ETF during the 3rd quarter worth $38,000. Private Trust Co. NA lifted its stake in shares of Franklin Focused Growth ETF by 57.1% during the 4th quarter. Private Trust Co. NA now owns 1,100 shares of the company’s stock worth $51,000 after purchasing an additional 400 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Franklin Focused Growth ETF during the 4th quarter worth $149,000. Sigma Planning Corp lifted its stake in shares of Franklin Focused Growth ETF by 4.8% during the 4th quarter. Sigma Planning Corp now owns 5,314 shares of the company’s stock worth $249,000 after purchasing an additional 242 shares during the period. Finally, Western Wealth Management LLC purchased a new position in shares of Franklin Focused Growth ETF during the 1st quarter worth $249,000.

Franklin Focused Growth ETF Trading Up 0.5%

Shares of Franklin Focused Growth ETF stock traded up $0.26 during trading hours on Friday, reaching $49.81. 453,553 shares of the company’s stock were exchanged, compared to its average volume of 45,259. Franklin Focused Growth ETF has a 52-week low of $38.89 and a 52-week high of $52.50. The firm has a market capitalization of $169.35 million, a price-to-earnings ratio of 47.17 and a beta of 1.43. The company has a fifty day moving average of $48.35 and a 200-day moving average of $46.20.

About Franklin Focused Growth ETF

The Franklin Focused Growth ETF FOCUSED GROWTH ETF (FFOG) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in equities perceived to have strong fundamentals and prospects for growth. The fund does not limit investments to any particular market-cap, industry or geography. FFOG was launched on Apr 13, 2016 and is issued by Franklin Templeton.