Franklin FTSE Saudi Arabia ETF (NYSEARCA:FLSA) Short Interest Down 45.6% in June

Franklin FTSE Saudi Arabia ETF (NYSEARCA:FLSA) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 459 shares, a decrease of 45.6% from the May 31st total of 843 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 751 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Franklin FTSE Saudi Arabia ETF

An institutional investor recently bought a new position in Franklin FTSE Saudi Arabia ETF stock. Jane Street Group LLC acquired a new position in shares of Franklin FTSE Saudi Arabia ETF (NYSEARCA:FLSA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 7,301 shares of the company’s stock, valued at approximately $240,000. Jane Street Group LLC owned approximately 1.33% of Franklin FTSE Saudi Arabia ETF at the end of the most recent quarter.

Franklin FTSE Saudi Arabia ETF Stock Performance

FLSA opened at $32.04 on Friday. Franklin FTSE Saudi Arabia ETF has a one year low of $30.88 and a one year high of $35.38. The company has a market cap of $4.81 million, a P/E ratio of 15.61 and a beta of 0.27. The business’s 50-day simple moving average is $33.26 and its 200-day simple moving average is $33.07.

Franklin FTSE Saudi Arabia ETF Company Profile

The Franklin FTSE Saudi Arabia ETF (FLSA) is an exchange-traded fund that is based on the FTSE Saudi Arabia RIC Capped index, a market-cap-weighted index of Saudi Arabian equities, excluding small-caps. FLSA was launched on Oct 9, 2018 and is managed by Franklin Templeton.