Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Short Interest Update

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 38,570 shares, a decrease of 64.4% from the May 14th total of 108,233 shares. Based on an average daily volume of 23,746 shares, the short-interest ratio is currently 1.6 days. Approximately 1.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Franklin FTSE Japan Hedged ETF

Hedge funds have recently made changes to their positions in the company. Kestra Advisory Services LLC acquired a new stake in shares of Franklin FTSE Japan Hedged ETF during the 4th quarter worth about $32,000. Dunhill Financial LLC acquired a new stake in shares of Franklin FTSE Japan Hedged ETF during the 4th quarter worth about $33,000. Royal Bank of Canada increased its position in shares of Franklin FTSE Japan Hedged ETF by 80.5% during the 4th quarter. Royal Bank of Canada now owns 4,468 shares of the company’s stock worth $168,000 after purchasing an additional 1,993 shares in the last quarter. National Bank of Canada FI increased its position in shares of Franklin FTSE Japan Hedged ETF by 15.7% during the 3rd quarter. National Bank of Canada FI now owns 5,486 shares of the company’s stock worth $197,000 after purchasing an additional 743 shares in the last quarter. Finally, Maridea Wealth Management LLC acquired a new stake in shares of Franklin FTSE Japan Hedged ETF during the 1st quarter worth about $209,000.

Franklin FTSE Japan Hedged ETF Stock Performance

Shares of NYSEARCA:FLJH traded up $0.36 during midday trading on Friday, reaching $44.77. 16,146 shares of the company’s stock were exchanged, compared to its average volume of 33,516. The company’s 50 day simple moving average is $43.26 and its two-hundred day simple moving average is $41.14. The firm has a market capitalization of $152.22 million, a PE ratio of 14.42 and a beta of 0.36. Franklin FTSE Japan Hedged ETF has a 12 month low of $31.21 and a 12 month high of $45.74.

Franklin FTSE Japan Hedged ETF Company Profile

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.