Short Interest in Franklin FTSE Japan ETF (NYSEARCA:FLJP) Decreases By 73.4%

Franklin FTSE Japan ETF (NYSEARCA:FLJPGet Free Report) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 192,809 shares, a decline of 73.4% from the May 31st total of 723,751 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 1,187,022 shares, the days-to-cover ratio is presently 0.2 days.

Franklin FTSE Japan ETF Price Performance

Shares of FLJP stock opened at $39.63 on Friday. The firm has a 50-day moving average of $39.15 and a 200-day moving average of $37.56. Franklin FTSE Japan ETF has a one year low of $30.77 and a one year high of $41.53. The company has a market cap of $3.66 billion, a P/E ratio of 14.28 and a beta of 0.65.

Institutional Investors Weigh In On Franklin FTSE Japan ETF

A number of hedge funds have recently made changes to their positions in the business. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Franklin FTSE Japan ETF during the fourth quarter worth about $25,000. Sunbelt Securities Inc. boosted its stake in Franklin FTSE Japan ETF by 475.0% in the third quarter. Sunbelt Securities Inc. now owns 1,150 shares of the company’s stock valued at $40,000 after acquiring an additional 950 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Franklin FTSE Japan ETF during the 4th quarter valued at approximately $41,000. Flagship Harbor Advisors LLC bought a new position in shares of Franklin FTSE Japan ETF during the 4th quarter valued at approximately $59,000. Finally, Farther Finance Advisors LLC increased its stake in shares of Franklin FTSE Japan ETF by 40.7% during the 4th quarter. Farther Finance Advisors LLC now owns 1,806 shares of the company’s stock worth $62,000 after purchasing an additional 522 shares during the last quarter.

About Franklin FTSE Japan ETF

(Get Free Report)

The Franklin FTSE Japan ETF (FLJP) is an exchange-traded fund that is based on the FTSE Japan RIC Capped index. The fund tracks a market-cap-selected and -weighted index of Japanese equities. FLJP was launched on Nov 2, 2017 and is managed by Franklin Templeton.

Recommended Stories

Receive News & Ratings for Franklin FTSE Japan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin FTSE Japan ETF and related companies with MarketBeat.com's FREE daily email newsletter.