Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Up 176.8% in June

by · The Markets Daily

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD – Get Free Report) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 18,641 shares, an increase of 176.8% from the May 31st total of 6,734 shares. Based on an average daily volume of 19,282 shares, the short-interest ratio is presently 1.0 days. Currently, 0.6% of the company’s shares are short sold.

Franklin Liberty Short Duration US Government ETF Price Performance

NYSEARCA:FTSD traded down $0.03 during trading hours on Tuesday, reaching $90.49. The company’s stock had a trading volume of 15,164 shares, compared to its average volume of 25,210. The firm has a 50-day simple moving average of $90.40 and a 200-day simple moving average of $90.72. Franklin Liberty Short Duration US Government ETF has a 1 year low of $89.65 and a 1 year high of $91.51.

Institutional Investors Weigh In On Franklin Liberty Short Duration US Government ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FTSD. Koshinski Asset Management Inc. increased its stake in shares of Franklin Liberty Short Duration US Government ETF by 1.5% during the fourth quarter. Koshinski Asset Management Inc. now owns 11,788 shares of the company’s stock valued at $1,073,000 after purchasing an additional 170 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Franklin Liberty Short Duration US Government ETF by 1.4% in the 1st quarter. Royal Bank of Canada now owns 16,340 shares of the company’s stock worth $1,483,000 after purchasing an additional 225 shares in the last quarter. World Investment Advisors grew its stake in shares of Franklin Liberty Short Duration US Government ETF by 7.3% in the 4th quarter. World Investment Advisors now owns 3,578 shares of the company’s stock worth $303,000 after buying an additional 244 shares during the last quarter. D.A. Davidson & CO. grew its stake in shares of Franklin Liberty Short Duration US Government ETF by 1.9% in the 1st quarter. D.A. Davidson & CO. now owns 18,947 shares of the company’s stock worth $1,720,000 after buying an additional 349 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in Franklin Liberty Short Duration US Government ETF by 3.8% during the 4th quarter. Osaic Holdings Inc. now owns 10,221 shares of the company’s stock valued at $930,000 after buying an additional 375 shares in the last quarter.

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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