Short Interest in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Increases By 11.0%

Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 98,900 shares, an increase of 11.0% from the November 30th total of 89,100 shares. Based on an average daily trading volume, of 191,700 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Franklin Limited Duration Income Trust

Several large investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC acquired a new stake in shares of Franklin Limited Duration Income Trust during the third quarter worth approximately $108,000. Jane Street Group LLC acquired a new stake in Franklin Limited Duration Income Trust in the 3rd quarter valued at approximately $130,000. Stifel Financial Corp lifted its holdings in Franklin Limited Duration Income Trust by 17.1% in the third quarter. Stifel Financial Corp now owns 18,037 shares of the company’s stock worth $120,000 after purchasing an additional 2,633 shares during the period. Encompass More Asset Management acquired a new position in Franklin Limited Duration Income Trust during the 3rd quarter valued at about $577,000. Finally, Penserra Capital Management LLC bought a new stake in shares of Franklin Limited Duration Income Trust during the 3rd quarter worth about $7,646,000.

Franklin Limited Duration Income Trust Trading Up 2.0 %

FTF traded up $0.13 during trading on Wednesday, hitting $6.63. The company’s stock had a trading volume of 649,247 shares, compared to its average volume of 193,536. Franklin Limited Duration Income Trust has a twelve month low of $6.08 and a twelve month high of $6.83.

Franklin Limited Duration Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a $0.0615 dividend. This represents a $0.74 dividend on an annualized basis and a dividend yield of 11.13%. The ex-dividend date was Monday, December 16th.

Franklin Limited Duration Income Trust Company Profile

Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds.