Franklin FTSE Japan ETF (NYSEARCA:FLJP) Stock Short Interest Report for September

Franklin FTSE Japan ETF (NYSEARCA:FLJP) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 732,648 shares, a growth of 100.1% from the September 15th total of 366,086 shares. Based on an average daily trading volume, of 761,757 shares, the short-interest ratio is presently 1.0 days. Approximately 0.7% of the company’s stock are short sold.

Franklin FTSE Japan ETF Stock Down 1.1%

Shares of NYSEARCA FLJP traded down $0.47 on Wednesday, hitting $40.94. The company had a trading volume of 112,044 shares, compared to its average volume of 1,138,679. Franklin FTSE Japan ETF has a 12-month low of $34.07 and a 12-month high of $42.42. The firm has a market capitalization of $4.22 billion, a P/E ratio of 14.28 and a beta of 0.68. The business has a 50 day moving average of $41.27 and a two-hundred day moving average of $39.73.

Hedge Funds Weigh In On Franklin FTSE Japan ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. GK Wealth Management LLC purchased a new position in Franklin FTSE Japan ETF in the 3rd quarter worth approximately $76,000. Paragon Capital Management Ltd raised its stake in shares of Franklin FTSE Japan ETF by 0.4% during the third quarter. Paragon Capital Management Ltd now owns 223,473 shares of the company’s stock valued at $9,252,000 after purchasing an additional 831 shares during the period. Matrix Trust Co raised its stake in shares of Franklin FTSE Japan ETF by 70.5% during the third quarter. Matrix Trust Co now owns 40,724 shares of the company’s stock valued at $1,686,000 after purchasing an additional 16,832 shares during the period. Boltwood Capital Management purchased a new stake in shares of Franklin FTSE Japan ETF during the third quarter valued at approximately $515,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Franklin FTSE Japan ETF during the second quarter valued at approximately $143,000.

About Franklin FTSE Japan ETF

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.