Short Interest in Franklin Disruptive Commerce ETF (BATS:BUYZ) Rises By 188.1%

Franklin Disruptive Commerce ETF (BATS:BUYZ) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 121 shares, a growth of 188.1% from the July 30th total of 42 shares. Based on an average trading volume of 552 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Franklin Disruptive Commerce ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC bought a new position in shares of Franklin Disruptive Commerce ETF in the fourth quarter valued at $33,000. Arax Advisory Partners bought a new stake in Franklin Disruptive Commerce ETF during the fourth quarter worth $42,000. Citadel Advisors LLC bought a new stake in Franklin Disruptive Commerce ETF during the third quarter worth $307,000. Finally, Jane Street Group LLC acquired a new stake in Franklin Disruptive Commerce ETF in the first quarter valued at $304,000.

Franklin Disruptive Commerce ETF Price Performance

BATS BUYZ remained flat at $36.91 during trading hours on Thursday. The company had a trading volume of 218 shares, compared to its average volume of 701. The stock has a fifty day simple moving average of $35.20 and a 200-day simple moving average of $34.33. The stock has a market cap of $7.38 million, a PE ratio of 42.43 and a beta of 1.37. Franklin Disruptive Commerce ETF has a 1 year low of $30.81 and a 1 year high of $44.78.

Franklin Disruptive Commerce ETF Company Profile

The Franklin Disruptive Commerce ETF (BUYZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global equities expecting to benefit from disruptive commerce for consumers and businesses. BUYZ was launched on Feb 25, 2020 and is managed by Franklin Templeton.