Franklin FTSE India ETF (NYSEARCA:FLIN) Short Interest Up 85.3% in July

by · The Cerbat Gem

Franklin FTSE India ETF (NYSEARCA:FLIN – Get Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 394,257 shares, a growth of 85.3% from the July 15th total of 212,779 shares. Based on an average daily volume of 636,447 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% of the company’s shares are sold short.

Institutional Trading of Franklin FTSE India ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Advocate Investing Services LLC purchased a new position in shares of Franklin FTSE India ETF during the 4th quarter worth $25,000. Ankerstar Wealth LLC purchased a new stake in shares of Franklin FTSE India ETF in the fourth quarter valued at $31,000. Dunhill Financial LLC purchased a new stake in shares of Franklin FTSE India ETF in the fourth quarter valued at $34,000. Park Square Financial Group LLC acquired a new position in Franklin FTSE India ETF in the fourth quarter valued at $36,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in Franklin FTSE India ETF in the fourth quarter valued at $42,000.

Franklin FTSE India ETF Stock Down 0.3%

Shares of NYSEARCA:FLIN traded down $0.09 during trading on Monday, reaching $35.68. The stock had a trading volume of 136,196 shares, compared to its average volume of 854,177. The business has a fifty day moving average price of $35.32 and a 200-day moving average price of $35.42. The stock has a market cap of $2.65 billion, a P/E ratio of 22.46 and a beta of 0.47. Franklin FTSE India ETF has a fifty-two week low of $32.20 and a fifty-two week high of $39.85.

Franklin FTSE India ETF Company Profile

(Get Free Report)

The Franklin FTSE India ETF (FLIN) is an exchange-traded fund that is based on the FTSE India RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Indian securities. FLIN was launched on Feb 6, 2018 and is managed by Franklin Templeton.

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