Short Interest in Franklin U.S. Core Bond ETF (NYSEARCA:FLCB) Decreases By 65.9%
by Danessa Lincoln · The Markets DailyFranklin U.S. Core Bond ETF (NYSEARCA:FLCB – Get Free Report) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 45,543 shares, a decline of 65.9% from the November 30th total of 133,438 shares. Based on an average daily trading volume, of 369,622 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 369,622 shares, the short-interest ratio is presently 0.1 days.
Institutional Investors Weigh In On Franklin U.S. Core Bond ETF
A number of large investors have recently modified their holdings of the business. Jane Street Group LLC raised its position in shares of Franklin U.S. Core Bond ETF by 653.3% in the first quarter. Jane Street Group LLC now owns 543,306 shares of the company’s stock valued at $11,678,000 after buying an additional 471,184 shares during the last quarter. Royal Bank of Canada grew its stake in Franklin U.S. Core Bond ETF by 6.6% during the 1st quarter. Royal Bank of Canada now owns 60,053 shares of the company’s stock valued at $1,291,000 after acquiring an additional 3,707 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Franklin U.S. Core Bond ETF by 1,614.2% in the 1st quarter. NewEdge Advisors LLC now owns 37,506 shares of the company’s stock valued at $806,000 after acquiring an additional 35,318 shares during the last quarter. First Citizens Financial Corp raised its holdings in Franklin U.S. Core Bond ETF by 3.7% in the 2nd quarter. First Citizens Financial Corp now owns 21,338 shares of the company’s stock valued at $459,000 after acquiring an additional 762 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in Franklin U.S. Core Bond ETF by 14.1% in the 2nd quarter. IFP Advisors Inc now owns 7,983 shares of the company’s stock worth $172,000 after purchasing an additional 986 shares in the last quarter.
Franklin U.S. Core Bond ETF Stock Performance
Shares of NYSEARCA:FLCB traded up $0.01 during trading on Friday, reaching $21.66. The stock had a trading volume of 279,486 shares, compared to its average volume of 385,778. Franklin U.S. Core Bond ETF has a 1-year low of $20.80 and a 1-year high of $21.95. The business has a fifty day moving average price of $21.73 and a 200-day moving average price of $21.58.
Franklin U.S. Core Bond ETF Company Profile
The Franklin U.S. Core Bond ETF (FLCB) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively-managed fund that holds US investment-grade bonds, including Treasurys, MBS and investment-grade corporate bonds. Managers aim for similar risk traits to the Bloomberg U.S FLCB was launched on Sep 17, 2019 and is managed by Franklin Templeton.