Franklin Exponential Data ETF (BATS:XDAT) Short Interest Update

Franklin Exponential Data ETF (BATS:XDAT) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 141 shares, a drop of 90.1% from the May 31st total of 1,421 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 970 shares, the short-interest ratio is currently 0.1 days.

Franklin Exponential Data ETF Stock Down 0.3%

Shares of XDAT stock opened at $23.37 on Friday. The stock has a market cap of $3.51 million, a P/E ratio of 45.15 and a beta of 1.11. Franklin Exponential Data ETF has a 52 week low of $20.15 and a 52 week high of $28.78. The company’s fifty day simple moving average is $24.04 and its two-hundred day simple moving average is $23.63.

Institutional Investors Weigh In On Franklin Exponential Data ETF

A hedge fund recently raised its position in Franklin Exponential Data ETF stock. Truist Financial Corp lifted its position in Franklin Exponential Data ETF (BATS:XDAT) by 8.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,303 shares of the company’s stock after purchasing an additional 2,566 shares during the quarter. Truist Financial Corp owned about 20.87% of Franklin Exponential Data ETF worth $809,000 at the end of the most recent reporting period.

Franklin Exponential Data ETF Company Profile

The Franklin Exponential Data ETF (XDAT) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively-managed to invest in global companies believed to benefit from or facilitate Big Data and its applications such as AI, augmented and virtual reality, software-as-a-service, and personalized advertising and healthcare. XDAT was launched on Jan 12, 2021 and is managed by Franklin Templeton.