Franklin FTSE South Korea ETF (NYSEARCA:FLKR) Short Interest Update
by Teresa Graham · The Cerbat GemFranklin FTSE South Korea ETF (NYSEARCA:FLKR – Get Free Report) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 179,099 shares, an increase of 134.9% from the November 30th total of 76,229 shares. Based on an average daily trading volume, of 85,923 shares, the days-to-cover ratio is currently 2.1 days. Currently, 2.4% of the company’s shares are short sold. Currently, 2.4% of the company’s shares are short sold. Based on an average daily trading volume, of 85,923 shares, the days-to-cover ratio is currently 2.1 days.
Franklin FTSE South Korea ETF Stock Performance
Shares of Franklin FTSE South Korea ETF stock traded up $0.32 during midday trading on Friday, reaching $31.49. 94,162 shares of the company’s stock traded hands, compared to its average volume of 68,597. The stock has a 50 day moving average of $31.03 and a 200-day moving average of $27.35. Franklin FTSE South Korea ETF has a 12 month low of $16.54 and a 12 month high of $33.73. The company has a market cap of $239.32 million, a PE ratio of 10.49 and a beta of 1.23.
Institutional Trading of Franklin FTSE South Korea ETF
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Cercano Management LLC bought a new stake in Franklin FTSE South Korea ETF during the 3rd quarter valued at approximately $7,117,000. Marotta Asset Management lifted its stake in shares of Franklin FTSE South Korea ETF by 48.2% in the 2nd quarter. Marotta Asset Management now owns 172,783 shares of the company’s stock valued at $4,223,000 after purchasing an additional 56,161 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in shares of Franklin FTSE South Korea ETF in the 2nd quarter valued at approximately $4,140,000. Leavell Investment Management Inc. boosted its holdings in shares of Franklin FTSE South Korea ETF by 7.6% during the 3rd quarter. Leavell Investment Management Inc. now owns 113,636 shares of the company’s stock valued at $3,067,000 after buying an additional 8,049 shares in the last quarter. Finally, OLD Mission Capital LLC grew its position in shares of Franklin FTSE South Korea ETF by 42.1% in the 1st quarter. OLD Mission Capital LLC now owns 113,180 shares of the company’s stock worth $2,076,000 after buying an additional 33,509 shares during the period.
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.