Short Interest in Franklin FTSE Asia ex Japan ETF (NYSEARCA:FLAX) Increases By 141.5%

Posted by ABMN Staff on Jun 13th, 2026

Franklin FTSE Asia ex Japan ETF (NYSEARCA:FLAX – Get Free Report) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 87,195 shares, a growth of 141.5% from the May 14th total of 36,102 shares. Currently, 6.2% of the shares of the company are sold short. Based on an average trading volume of 17,706 shares, the days-to-cover ratio is currently 4.9 days.

Franklin FTSE Asia ex Japan ETF Trading Up 0.4%

Shares of FLAX opened at $36.91 on Friday. The company has a market capitalization of $51.67 million, a price-to-earnings ratio of 14.98 and a beta of 0.69. The stock has a 50 day moving average of $35.09 and a 200 day moving average of $32.43. Franklin FTSE Asia ex Japan ETF has a 12 month low of $25.03 and a 12 month high of $38.83.

Institutional Trading of Franklin FTSE Asia ex Japan ETF

A number of institutional investors and hedge funds have recently modified their holdings of FLAX. Osaic Holdings Inc. purchased a new stake in shares of Franklin FTSE Asia ex Japan ETF during the second quarter valued at approximately $46,000. Balefire LLC purchased a new stake in shares of Franklin FTSE Asia ex Japan ETF during the first quarter valued at approximately $210,000. Retirement Planning Group LLC increased its position in Franklin FTSE Asia ex Japan ETF by 5.4% in the fourth quarter. Retirement Planning Group LLC now owns 7,788 shares of the company’s stock worth $231,000 after buying an additional 397 shares during the last quarter. Vivaldi Capital Management LP increased its position in Franklin FTSE Asia ex Japan ETF by 3.8% in the second quarter. Vivaldi Capital Management LP now owns 10,561 shares of the company’s stock worth $275,000 after buying an additional 389 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Franklin FTSE Asia ex Japan ETF by 8.8% in the third quarter. Bank of America Corp DE now owns 19,219 shares of the company’s stock worth $555,000 after buying an additional 1,561 shares during the last quarter.

Franklin FTSE Asia ex Japan ETF Company Profile

(Get Free Report)

The Franklin FTSE Asia ex Japan ETF (FLAX) is an exchange-traded fund that is based on the FTSE Asia ex Japan RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks from developed and emerging Asian countries, excluding Japan. FLAX was launched on Feb 6, 2018 and is managed by Franklin Templeton.