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

Franklin Disruptive Commerce ETF (BATS:BUYZ) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 43 shares, a growth of 207.1% from the April 30th total of 14 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 491 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BUYZ. Jane Street Group LLC acquired a new position in shares of Franklin Disruptive Commerce ETF in the first quarter valued at approximately $304,000. Citadel Advisors LLC acquired a new position in shares of Franklin Disruptive Commerce ETF in the third quarter valued at approximately $307,000. Kestra Advisory Services LLC acquired a new position in shares of Franklin Disruptive Commerce ETF in the fourth quarter valued at approximately $33,000. Finally, Arax Advisory Partners acquired a new position in shares of Franklin Disruptive Commerce ETF in the fourth quarter valued at approximately $42,000.

Franklin Disruptive Commerce ETF Stock Down 0.2%

Franklin Disruptive Commerce ETF stock opened at $35.21 on Friday. The stock has a market capitalization of $7.04 million, a PE ratio of 42.43 and a beta of 1.37. Franklin Disruptive Commerce ETF has a twelve month low of $30.81 and a twelve month high of $44.78. The company has a 50 day moving average of $34.00 and a 200-day moving average of $36.44.

About Franklin Disruptive Commerce ETF

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.