Franklin Disruptive Commerce ETF (BATS:BUYZ) Sees Significant Growth in Short Interest

Franklin Disruptive Commerce ETF (BATS:BUYZ) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 42 shares, an increase of ∞ from the July 15th total of 0 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 482 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BUYZ. Citadel Advisors LLC bought a new stake in shares of Franklin Disruptive Commerce ETF in the 3rd quarter valued at $307,000. Jane Street Group LLC bought a new position in Franklin Disruptive Commerce ETF during the first quarter worth $304,000. Arax Advisory Partners acquired a new stake in shares of Franklin Disruptive Commerce ETF during the 4th quarter worth approximately $42,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of Franklin Disruptive Commerce ETF in the 4th quarter valued at $33,000.

Franklin Disruptive Commerce ETF Price Performance

Shares of BUYZ opened at $36.87 on Monday. The business has a 50-day moving average of $34.73 and a 200-day moving average of $34.35. The company has a market capitalization of $7.37 million, a price-to-earnings ratio of 42.43 and a beta of 1.37. Franklin Disruptive Commerce ETF has a 1 year low of $30.81 and a 1 year high of $44.78.

Franklin Disruptive Commerce ETF Company Profile

The Franklin Disruptive Commerce ETF (BUYZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global equities expecting to benefit from disruptive commerce for consumers and businesses. BUYZ was launched on Feb 25, 2020 and is managed by Franklin Templeton.