Franklin Senior Loan ETF (BATS:FLBL) Short Interest Down 85.9% in May

Franklin Senior Loan ETF (BATS:FLBL) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 261,149 shares, a decline of 85.9% from the May 14th total of 1,849,248 shares. Based on an average daily trading volume, of 164,567 shares, the short-interest ratio is presently 1.6 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On Franklin Senior Loan ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Fortitude Family Office LLC boosted its stake in shares of Franklin Senior Loan ETF by 1,081.2% in the 4th quarter. Fortitude Family Office LLC now owns 129,483 shares of the company’s stock valued at $3,032,000 after purchasing an additional 118,521 shares in the last quarter. Foguth Wealth Management LLC. acquired a new stake in shares of Franklin Senior Loan ETF in the 4th quarter valued at $3,811,000. Bank of Montreal Can boosted its holdings in shares of Franklin Senior Loan ETF by 15,546,958.8% in the 3rd quarter. Bank of Montreal Can now owns 2,643,000 shares of the company’s stock worth $63,485,000 after acquiring an additional 2,642,983 shares in the last quarter. Clear Creek Financial Management LLC acquired a new position in shares of Franklin Senior Loan ETF in the 4th quarter worth approximately $761,000. Finally, Keudell Morrison Wealth Management acquired a new position in shares of Franklin Senior Loan ETF in the 4th quarter worth approximately $589,000.

Franklin Senior Loan ETF Stock Up 0.0%

BATS FLBL opened at $22.90 on Wednesday. The stock’s 50 day moving average is $23.02 and its two-hundred day moving average is $23.21. Franklin Senior Loan ETF has a 1-year low of $22.57 and a 1-year high of $24.29.

Franklin Senior Loan ETF Company Profile

The Franklin Senior Loan ETF (FLBL) is an exchange-traded fund that is based on the SP\u002FLSTA US Leveraged Loan 100 index. The fund is an actively managed fund investing in USD-denominated senior loans. FLBL was launched on May 30, 2018 and is managed by Franklin Templeton.