Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) Short Interest Up 220.0% in May

Franklin U.S. Small Cap Multifactor Index ETF (BATS:FLQS) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 112 shares, an increase of 220.0% from the May 14th total of 35 shares. Based on an average daily trading volume, of 3,899 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of Franklin U.S. Small Cap Multifactor Index ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC purchased a new stake in Franklin U.S. Small Cap Multifactor Index ETF during the fourth quarter valued at approximately $61,000. IFP Advisors Inc increased its holdings in Franklin U.S. Small Cap Multifactor Index ETF by 8.7% during the fourth quarter. IFP Advisors Inc now owns 3,496 shares of the company’s stock valued at $151,000 after buying an additional 279 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Franklin U.S. Small Cap Multifactor Index ETF during the second quarter valued at approximately $256,000. CWM LLC increased its holdings in Franklin U.S. Small Cap Multifactor Index ETF by 506.5% during the fourth quarter. CWM LLC now owns 6,963 shares of the company’s stock valued at $301,000 after buying an additional 5,815 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in Franklin U.S. Small Cap Multifactor Index ETF by 5.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 7,363 shares of the company’s stock valued at $318,000 after buying an additional 390 shares during the last quarter.

Franklin U.S. Small Cap Multifactor Index ETF Trading Up 1.7%

Shares of FLQS stock opened at $47.14 on Friday. Franklin U.S. Small Cap Multifactor Index ETF has a 12 month low of $40.04 and a 12 month high of $47.20. The stock has a market cap of $54.21 million, a P/E ratio of 16.41 and a beta of 0.99. The company has a 50 day simple moving average of $45.37 and a two-hundred day simple moving average of $44.57.

About Franklin U.S. Small Cap Multifactor Index ETF

The Franklin U.S. Small Cap Multifactor Index ETF (FLQS) is an exchange-traded fund that is based on the LibertyQ US Small Cap Equity index. The fund tracks a multi-factor US small-cap index based on a composite scores of quality, value, momentum, and low-volatility. FLQS was launched on Apr 26, 2017 and is managed by Franklin Templeton.