Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Short Interest Down 73.9% in January

by · The Cerbat Gem

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH – Get Free Report) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 21,434 shares, a decline of 73.9% from the December 31st total of 82,184 shares. Based on an average daily trading volume, of 27,919 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.7% of the company’s shares are short sold. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 27,919 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On Franklin FTSE Japan Hedged ETF

Several institutional investors have recently modified their holdings of the stock. Flow Traders U.S. LLC bought a new position in Franklin FTSE Japan Hedged ETF during the 2nd quarter worth approximately $1,378,000. National Bank of Canada FI grew its holdings in shares of Franklin FTSE Japan Hedged ETF by 15.7% in the 3rd quarter. National Bank of Canada FI now owns 5,486 shares of the company’s stock valued at $197,000 after buying an additional 743 shares during the period. Jane Street Group LLC bought a new stake in shares of Franklin FTSE Japan Hedged ETF in the 1st quarter valued at $1,730,000. Citadel Advisors LLC lifted its holdings in Franklin FTSE Japan Hedged ETF by 49.1% during the third quarter. Citadel Advisors LLC now owns 42,311 shares of the company’s stock worth $1,525,000 after acquiring an additional 13,928 shares in the last quarter. Finally, Dunhill Financial LLC acquired a new position in Franklin FTSE Japan Hedged ETF in the fourth quarter valued at about $33,000.

Franklin FTSE Japan Hedged ETF Price Performance

Shares of Franklin FTSE Japan Hedged ETF stock traded up $0.34 on Friday, hitting $39.53. 51,371 shares of the company’s stock traded hands, compared to its average volume of 45,434. The firm’s 50-day moving average price is $39.01 and its two-hundred day moving average price is $37.12. The stock has a market capitalization of $122.54 million, a PE ratio of 14.42 and a beta of 0.37. Franklin FTSE Japan Hedged ETF has a one year low of $26.01 and a one year high of $41.00.

Franklin FTSE Japan Hedged ETF Company Profile

(Get Free Report)

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.

See Also