Short Interest in Franklin Disruptive Commerce ETF (BATS:BUYZ) Declines By 80.6%

Franklin Disruptive Commerce ETF (BATS:BUYZ) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 18 shares, a drop of 80.6% from the June 15th total of 93 shares. Based on an average daily trading volume, of 383 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of Franklin Disruptive Commerce ETF

Several institutional investors and hedge funds have recently modified their holdings of BUYZ. Kestra Advisory Services LLC purchased a new position in shares of Franklin Disruptive Commerce ETF during the fourth quarter worth about $33,000. Arax Advisory Partners bought a new position in shares of Franklin Disruptive Commerce ETF in the fourth quarter worth approximately $42,000. Citadel Advisors LLC purchased a new stake in Franklin Disruptive Commerce ETF in the third quarter valued at approximately $307,000. Finally, Jane Street Group LLC purchased a new stake in Franklin Disruptive Commerce ETF in the first quarter valued at approximately $304,000.

Franklin Disruptive Commerce ETF Stock Performance

BATS:BUYZ opened at $35.27 on Friday. The firm has a market capitalization of $7.05 million, a price-to-earnings ratio of 42.43 and a beta of 1.37. Franklin Disruptive Commerce ETF has a 52-week low of $30.81 and a 52-week high of $44.78. The stock has a fifty day moving average of $34.26 and a 200 day moving average of $35.23.

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.