Franklin Senior Loan ETF (BATS:FLBL) Short Interest Up 247.0% in July

Franklin Senior Loan ETF (BATS:FLBL) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 727,361 shares, a growth of 247.0% from the July 15th total of 209,639 shares. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily volume of 214,718 shares, the short-interest ratio is currently 3.4 days.

Franklin Senior Loan ETF Stock Performance

Shares of FLBL opened at $23.06 on Friday. Franklin Senior Loan ETF has a twelve month low of $22.57 and a twelve month high of $24.22. The firm’s 50-day moving average is $22.94 and its two-hundred day moving average is $23.00.

Institutional Trading of Franklin Senior Loan ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Hantz Financial Services Inc. raised its stake in Franklin Senior Loan ETF by 2.9% during the fourth quarter. Hantz Financial Services Inc. now owns 2,439,743 shares of the company’s stock worth $57,139,000 after purchasing an additional 69,704 shares during the period. Bank of New York Mellon Corp raised its position in shares of Franklin Senior Loan ETF by 655.5% in the 1st quarter. Bank of New York Mellon Corp now owns 1,933,014 shares of the company’s stock worth $44,459,000 after buying an additional 1,677,153 shares during the period. SHP Wealth Management purchased a new position in shares of Franklin Senior Loan ETF in the 4th quarter worth $27,713,000. Ameriprise Financial Inc. boosted its holdings in Franklin Senior Loan ETF by 142.2% in the third quarter. Ameriprise Financial Inc. now owns 846,007 shares of the company’s stock valued at $20,324,000 after acquiring an additional 496,769 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC lifted its stake in shares of Franklin Senior Loan ETF by 5.7% in the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 669,237 shares of the company’s stock valued at $16,216,000 after purchasing an additional 35,836 shares in the last quarter.

Franklin Senior Loan ETF Company Profile

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.