Short Interest in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Drops By 21.1%

Posted by Doug Wharley on Mar 18th, 2025

Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Get Free Report) was the recipient of a large drop in short interest in February. As of February 28th, there was short interest totalling 62,200 shares, a drop of 21.1% from the February 13th total of 78,800 shares. Based on an average daily volume of 198,600 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Franklin Limited Duration Income Trust

Several hedge funds and other institutional investors have recently modified their holdings of the business. Anfield Capital Management LLC acquired a new stake in Franklin Limited Duration Income Trust during the fourth quarter valued at $57,000. Uniting Wealth Partners LLC acquired a new stake in shares of Franklin Limited Duration Income Trust during the 4th quarter valued at about $66,000. Commonwealth Equity Services LLC bought a new stake in shares of Franklin Limited Duration Income Trust in the 4th quarter valued at approximately $67,000. Mariner LLC acquired a new position in Franklin Limited Duration Income Trust in the fourth quarter worth approximately $76,000. Finally, Landscape Capital Management L.L.C. acquired a new position in Franklin Limited Duration Income Trust in the fourth quarter worth approximately $85,000.

Franklin Limited Duration Income Trust Price Performance

Shares of FTF stock traded down $0.05 during trading hours on Tuesday, reaching $6.46. 188,997 shares of the stock traded hands, compared to its average volume of 201,540. Franklin Limited Duration Income Trust has a 1-year low of $6.08 and a 1-year high of $6.83. The firm has a fifty day moving average of $6.54.

Franklin Limited Duration Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.0615 per share. This represents a $0.74 annualized dividend and a yield of 11.42%. The ex-dividend date is Monday, March 17th.

Franklin Limited Duration Income Trust Company Profile

(Get Free Report)

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.