Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Short Interest Update

Franklin FTSE South Korea ETF (NYSEARCA:FLKR) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 230,175 shares, a decrease of 20.8% from the January 29th total of 290,620 shares. Currently, 2.6% of the company’s shares are sold short. Based on an average daily volume of 345,577 shares, the days-to-cover ratio is presently 0.7 days. Based on an average daily volume of 345,577 shares, the days-to-cover ratio is presently 0.7 days. Currently, 2.6% of the company’s shares are sold short.

Franklin FTSE South Korea ETF Trading Up 0.6%

Franklin FTSE South Korea ETF stock opened at $49.07 on Monday. The firm has a market cap of $436.72 million, a P/E ratio of 10.49 and a beta of 1.23. Franklin FTSE South Korea ETF has a 1-year low of $16.54 and a 1-year high of $49.95. The firm has a 50-day moving average of $38.54 and a 200-day moving average of $32.14.

Hedge Funds Weigh In On Franklin FTSE South Korea ETF

Several hedge funds have recently made changes to their positions in FLKR. Bank of Montreal Can purchased a new position in shares of Franklin FTSE South Korea ETF during the second quarter valued at about $177,000. Cercano Management LLC bought a new stake in shares of Franklin FTSE South Korea ETF during the third quarter valued at approximately $7,117,000. MMA Asset Management LLC bought a new stake in shares of Franklin FTSE South Korea ETF during the 2nd quarter valued at $1,223,000. Inspire Advisors LLC boosted its holdings in shares of Franklin FTSE South Korea ETF by 78.3% during the 2nd quarter. Inspire Advisors LLC now owns 55,655 shares of the company’s stock valued at $1,360,000 after buying an additional 24,443 shares in the last quarter. Finally, Schroder Investment Management Group purchased a new stake in shares of Franklin FTSE South Korea ETF in the 4th quarter worth about $421,000.

About Franklin FTSE South Korea ETF

The Franklin FTSE South Korea ETF (FLKR) is an exchange-traded fund that is based on the FTSE South Korea RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap South Korean companies. FLKR was launched on Nov 2, 2017 and is managed by Franklin Templeton.