Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) Short Interest Update

Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 348 shares, a growth of 210.7% from the May 31st total of 112 shares. Based on an average trading volume of 3,248 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Franklin U.S. Small Cap Multifactor Index ETF Stock Performance

Shares of BATS FLQS opened at $48.82 on Friday. Franklin U.S. Small Cap Multifactor Index ETF has a fifty-two week low of $40.26 and a fifty-two week high of $48.82. The company has a 50 day simple moving average of $46.12 and a two-hundred day simple moving average of $44.91. The company has a market capitalization of $56.14 million, a price-to-earnings ratio of 16.41 and a beta of 0.99.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc raised its stake in Franklin U.S. Small Cap Multifactor Index ETF by 8.7% during the fourth quarter. IFP Advisors Inc now owns 3,496 shares of the company’s stock valued at $151,000 after buying an additional 279 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Franklin U.S. Small Cap Multifactor Index ETF by 1.4% in the first quarter. Cetera Investment Advisers now owns 26,139 shares of the company’s stock worth $1,116,000 after acquiring an additional 359 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Franklin U.S. Small Cap Multifactor Index ETF by 5.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 7,363 shares of the company’s stock valued at $318,000 after acquiring an additional 390 shares in the last quarter. Harbour Investments Inc. raised its position in shares of Franklin U.S. Small Cap Multifactor Index ETF by 2.3% in the 4th quarter. Harbour Investments Inc. now owns 18,226 shares of the company’s stock worth $787,000 after purchasing an additional 408 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in shares of Franklin U.S. Small Cap Multifactor Index ETF by 6.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 16,509 shares of the company’s stock worth $713,000 after purchasing an additional 1,045 shares during the last quarter.

About Franklin U.S. Small Cap Multifactor Index ETF

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.