Franklin Focused Growth ETF (BATS:FFOG) Short Interest Update

Franklin Focused Growth ETF (BATS:FFOG) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 13,791 shares, a decline of 51.9% from the May 14th total of 28,693 shares. Based on an average trading volume of 33,291 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are short sold.

Franklin Focused Growth ETF Trading Up 0.5%

BATS:FFOG opened at $49.81 on Friday. Franklin Focused Growth ETF has a 1 year low of $38.89 and a 1 year high of $52.50. The firm has a 50 day moving average of $48.35 and a 200-day moving average of $46.20. The stock has a market capitalization of $169.35 million, a P/E ratio of 47.17 and a beta of 1.43.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. raised its position in Franklin Focused Growth ETF by 1,087.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 22,435 shares of the company’s stock worth $1,050,000 after purchasing an additional 20,546 shares during the last quarter. IFG Advisory LLC bought a new position in Franklin Focused Growth ETF in the 4th quarter worth approximately $1,298,000. World Investment Advisors bought a new position in Franklin Focused Growth ETF in the 1st quarter worth approximately $263,000. Foundations Investment Advisors LLC raised its position in Franklin Focused Growth ETF by 62.3% in the 4th quarter. Foundations Investment Advisors LLC now owns 9,498 shares of the company’s stock worth $444,000 after purchasing an additional 3,647 shares during the last quarter. Finally, Empire Life Investments Inc. raised its position in Franklin Focused Growth ETF by 32.2% in the 4th quarter. Empire Life Investments Inc. now owns 39,870 shares of the company’s stock worth $1,866,000 after purchasing an additional 9,700 shares during the last quarter.

Franklin Focused Growth ETF Company Profile

The Franklin Focused Growth ETF FOCUSED GROWTH ETF (FFOG) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in equities perceived to have strong fundamentals and prospects for growth. The fund does not limit investments to any particular market-cap, industry or geography. FFOG was launched on Apr 13, 2016 and is issued by Franklin Templeton.