Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Update

by · The Cerbat Gem

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD – Get Free Report) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 7,485 shares, a decrease of 35.2% from the April 15th total of 11,548 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 21,118 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Franklin Liberty Short Duration US Government ETF

A number of large investors have recently made changes to their positions in FTSD. Thrivent Financial for Lutherans acquired a new position in shares of Franklin Liberty Short Duration US Government ETF during the third quarter worth $6,984,000. LPL Financial LLC increased its position in shares of Franklin Liberty Short Duration US Government ETF by 17.7% during the fourth quarter. LPL Financial LLC now owns 466,237 shares of the company’s stock worth $42,432,000 after purchasing an additional 70,066 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Franklin Liberty Short Duration US Government ETF by 183.7% during the third quarter. Integrated Wealth Concepts LLC now owns 102,504 shares of the company’s stock worth $9,334,000 after purchasing an additional 66,373 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Franklin Liberty Short Duration US Government ETF by 15.9% during the fourth quarter. Franklin Resources Inc. now owns 360,014 shares of the company’s stock worth $32,765,000 after purchasing an additional 49,267 shares in the last quarter. Finally, UBS Group AG increased its position in shares of Franklin Liberty Short Duration US Government ETF by 63.0% during the fourth quarter. UBS Group AG now owns 104,512 shares of the company’s stock worth $9,512,000 after purchasing an additional 40,396 shares in the last quarter.

Franklin Liberty Short Duration US Government ETF Stock Performance

Shares of FTSD stock traded up $0.01 during trading hours on Monday, reaching $90.22. 8,719 shares of the company’s stock were exchanged, compared to its average volume of 27,484. The stock’s 50 day moving average is $90.62 and its 200-day moving average is $90.86. Franklin Liberty Short Duration US Government ETF has a fifty-two week low of $89.65 and a fifty-two week high of $91.51.

About Franklin Liberty Short Duration US Government ETF

(Get Free Report)

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.

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