Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Update

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 8,687 shares, a decline of 71.4% from the August 15th total of 30,370 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 17,217 shares, the days-to-cover ratio is currently 0.5 days.

Franklin Liberty Short Duration US Government ETF Stock Down 0.2%

FTSD traded down $0.15 during trading on Monday, reaching $89.27. 45,781 shares of the stock were exchanged, compared to its average volume of 27,314. Franklin Liberty Short Duration US Government ETF has a 1 year low of $89.18 and a 1 year high of $91.51. The business’s 50 day moving average price is $90.02 and its two-hundred day moving average price is $90.35.

Institutional Investors Weigh In On Franklin Liberty Short Duration US Government ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. IFP Advisors Inc grew its position in shares of Franklin Liberty Short Duration US Government ETF by 16.7% in the second quarter. IFP Advisors Inc now owns 7,687 shares of the company’s stock valued at $696,000 after purchasing an additional 1,100 shares during the last quarter. Asset Allocation Strategies LLC raised its position in shares of Franklin Liberty Short Duration US Government ETF by 6.7% during the 2nd quarter. Asset Allocation Strategies LLC now owns 5,159 shares of the company’s stock worth $467,000 after purchasing an additional 323 shares during the last quarter. Continuum Advisory LLC acquired a new position in shares of Franklin Liberty Short Duration US Government ETF during the 2nd quarter worth approximately $29,000. Natural Investments LLC raised its position in shares of Franklin Liberty Short Duration US Government ETF by 4.1% during the 2nd quarter. Natural Investments LLC now owns 20,933 shares of the company’s stock worth $1,894,000 after purchasing an additional 818 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in Franklin Liberty Short Duration US Government ETF by 5.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 210,011 shares of the company’s stock valued at $19,008,000 after buying an additional 10,705 shares in the last quarter.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.