Franklin FTSE South Korea ETF (NYSEARCA:FLKR – Get Free Report) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 136,712 shares, a decline of 64.8% from the June 15th total of 388,689 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 1,088,559 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Investors Weigh In On Franklin FTSE South Korea ETF
A number of large investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in Franklin FTSE South Korea ETF in the first quarter valued at $366,000. EverSource Wealth Advisors LLC boosted its stake in Franklin FTSE South Korea ETF by 121.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,231 shares of the company’s stock worth $30,000 after purchasing an additional 674 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new stake in shares of Franklin FTSE South Korea ETF during the second quarter worth about $4,140,000. Osaic Holdings Inc. grew its stake in shares of Franklin FTSE South Korea ETF by 2,424.3% in the 2nd quarter. Osaic Holdings Inc. now owns 12,470 shares of the company’s stock valued at $305,000 after purchasing an additional 11,976 shares during the last quarter. Finally, Bank of Nova Scotia purchased a new position in Franklin FTSE South Korea ETF in the 3rd quarter valued at $2,622,000.
Franklin FTSE South Korea ETF Price Performance
Shares of FLKR opened at $60.04 on Monday. The firm’s 50 day moving average price is $62.39 and its 200 day moving average price is $48.65. The company has a market cap of $1.24 billion, a P/E ratio of 10.49 and a beta of 1.46. Franklin FTSE South Korea ETF has a fifty-two week low of $23.88 and a fifty-two week high of $72.49.
Franklin FTSE South Korea ETF Company Profile
The Franklin FTSE South Korea ETF (FLKR) is an exchange-traded fund that is based on the FTSE South Korea RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap South Korean companies. FLKR was launched on Nov 2, 2017 and is managed by Franklin Templeton.
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