Franklin FTSE Australia ETF (NYSEARCA:FLAU) Stock Short Interest Report for September

Franklin FTSE Australia ETF (NYSEARCA:FLAU) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 14,576 shares, an increase of 111.5% from the September 15th total of 6,893 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 23,674 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Franklin FTSE Australia ETF

Institutional investors have recently made changes to their positions in the business. Citadel Advisors LLC raised its position in shares of Franklin FTSE Australia ETF by 76.8% during the 2nd quarter. Citadel Advisors LLC now owns 23,806 shares of the company’s stock valued at $801,000 after purchasing an additional 10,339 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of Franklin FTSE Australia ETF by 74.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 17,347 shares of the company’s stock valued at $571,000 after buying an additional 7,406 shares in the last quarter. Bank of America Corp DE boosted its holdings in Franklin FTSE Australia ETF by 386.5% in the 1st quarter. Bank of America Corp DE now owns 6,777 shares of the company’s stock worth $223,000 after buying an additional 5,384 shares during the period. Finally, Vivaldi Capital Management LP bought a new position in Franklin FTSE Australia ETF in the 1st quarter worth $202,000.

Franklin FTSE Australia ETF Trading Down 0.1%

FLAU traded down $0.04 during trading on Tuesday, hitting $34.19. 1,114 shares of the company’s stock traded hands, compared to its average volume of 31,884. The company’s 50 day simple moving average is $35.13 and its two-hundred day simple moving average is $34.63. Franklin FTSE Australia ETF has a 12-month low of $30.00 and a 12-month high of $39.87. The stock has a market capitalization of $213.66 million, a price-to-earnings ratio of 20.41 and a beta of 0.99.

Franklin FTSE Australia ETF Company Profile

The Franklin FTSE Australia ETF (FLAU) is an exchange-traded fund that is based on the FTSE Australia RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Australian stocks. FLAU was launched on Nov 2, 2017 and is managed by Franklin Templeton.