Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Stock Short Interest Report for September

Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 19,280 shares, a decline of 60.5% from the September 15th total of 48,766 shares. Based on an average daily volume of 224,051 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tactive Advisors LLC bought a new stake in Franklin Limited Duration Income Trust during the 3rd quarter worth about $74,000. Byrne Asset Management LLC increased its position in Franklin Limited Duration Income Trust by 1.3% in the 3rd quarter. Byrne Asset Management LLC now owns 246,840 shares of the company’s stock valued at $1,321,000 after acquiring an additional 3,260 shares in the last quarter. Waverly Advisors LLC increased its position in Franklin Limited Duration Income Trust by 22.7% in the 2nd quarter. Waverly Advisors LLC now owns 16,008 shares of the company’s stock valued at $93,000 after acquiring an additional 2,957 shares in the last quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new position in shares of Franklin Limited Duration Income Trust in the second quarter worth about $91,000. Finally, Readystate Asset Management LP bought a new position in shares of Franklin Limited Duration Income Trust in the second quarter worth about $311,000.

Franklin Limited Duration Income Trust Price Performance

Shares of FTF stock traded down $0.04 during trading hours on Tuesday, hitting $5.34. 130,890 shares of the company’s stock were exchanged, compared to its average volume of 203,476. Franklin Limited Duration Income Trust has a 52 week low of $5.30 and a 52 week high of $6.35. The stock’s 50-day moving average is $5.64 and its 200-day moving average is $5.77.

About Franklin Limited Duration Income Trust

Franklin Limited Duration Income Trust is a closed-end management investment company listed on the NYSE American under the symbol FTF. The fund seeks to provide current income while maintaining a limited portfolio duration, which is intended to reduce sensitivity to changes in interest rates compared with longer-duration fixed-income investments.

The trust invests primarily in a diversified portfolio of debt securities and other income-producing instruments. Its holdings may include investment-grade and below-investment-grade corporate bonds, floating-rate loans, mortgage-related securities, government and agency obligations, and other fixed-income assets.