Short Interest in Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) Rises By 60.5%

Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 20,700 shares, an increase of 60.5% from the September 15th total of 12,900 shares. Based on an average trading volume of 15,800 shares, the short-interest ratio is currently 1.3 days. Based on an average trading volume of 15,800 shares, the short-interest ratio is currently 1.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Private Advisor Group LLC increased its holdings in shares of Franklin Municipal Green Bond ETF by 1.3% in the first quarter. Private Advisor Group LLC now owns 42,999 shares of the company’s stock worth $1,010,000 after purchasing an additional 543 shares during the period. Cetera Investment Advisers increased its holdings in shares of Franklin Municipal Green Bond ETF by 3.4% in the first quarter. Cetera Investment Advisers now owns 31,291 shares of the company’s stock worth $735,000 after purchasing an additional 1,026 shares during the period. Flow Traders U.S. LLC increased its holdings in shares of Franklin Municipal Green Bond ETF by 23.8% in the second quarter. Flow Traders U.S. LLC now owns 19,112 shares of the company’s stock worth $441,000 after purchasing an additional 3,670 shares during the period. Raymond James Financial Inc. bought a new position in shares of Franklin Municipal Green Bond ETF in the second quarter worth $115,000. Finally, Per Stirling Capital Management LLC. bought a new position in shares of Franklin Municipal Green Bond ETF in the second quarter worth $349,000.

Franklin Municipal Green Bond ETF Stock Performance

NYSEARCA:FLMB opened at $23.94 on Friday. The stock’s fifty day moving average price is $23.43 and its two-hundred day moving average price is $23.08. Franklin Municipal Green Bond ETF has a 1 year low of $22.06 and a 1 year high of $24.45.

Franklin Municipal Green Bond ETF Company Profile

The Franklin Municipal Green Bond ETF (FLMB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with a broad range in maturities, that intend to finance projects promoting environmental sustainability.