Franklin FTSE Latin America ETF (NYSEARCA:FLLA) Short Interest Up 48.1% in October

by · The Cerbat Gem

Franklin FTSE Latin America ETF (NYSEARCA:FLLA – Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 84,000 shares, a growth of 48.1% from the September 30th total of 56,700 shares. Currently, 4.9% of the company’s shares are short sold. Based on an average daily volume of 13,700 shares, the short-interest ratio is presently 6.1 days. Based on an average daily volume of 13,700 shares, the short-interest ratio is presently 6.1 days. Currently, 4.9% of the company’s shares are short sold.

Franklin FTSE Latin America ETF Trading Down 1.0%

Shares of Franklin FTSE Latin America ETF stock traded down $0.24 on Tuesday, reaching $23.42. 8,920 shares of the company were exchanged, compared to its average volume of 21,993. The stock has a fifty day moving average price of $22.82 and a 200-day moving average price of $21.78. The firm has a market capitalization of $42.15 million, a price-to-earnings ratio of 10.26 and a beta of 0.90. Franklin FTSE Latin America ETF has a fifty-two week low of $16.80 and a fifty-two week high of $23.71.

Institutional Investors Weigh In On Franklin FTSE Latin America ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. WealthShield Partners LLC acquired a new stake in shares of Franklin FTSE Latin America ETF during the second quarter worth $62,000. Comprehensive Money Management Services LLC purchased a new position in shares of Franklin FTSE Latin America ETF during the second quarter valued at $246,000. Flow Traders U.S. LLC purchased a new position in shares of Franklin FTSE Latin America ETF during the second quarter valued at $252,000. Wealthspire Advisors LLC purchased a new position in shares of Franklin FTSE Latin America ETF during the second quarter valued at $274,000. Finally, Old Port Advisors purchased a new position in shares of Franklin FTSE Latin America ETF during the first quarter valued at $248,000.

About Franklin FTSE Latin America ETF

(Get Free Report)

The Franklin FTSE Latin America ETF (FLLA) is an exchange-traded fund that is based on the FTSE Latin America RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Latin American equities. FLLA was launched on Oct 9, 2018 and is managed by Franklin Templeton.

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