Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Short Interest Down 21.1% in February

Posted by Hanz Christensen on Mar 19th, 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 trading volume of 198,600 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Franklin Limited Duration Income Trust

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

Franklin Limited Duration Income Trust Price Performance

Shares of FTF traded down $0.02 during mid-day trading on Wednesday, hitting $6.45. 69,595 shares of the company traded hands, compared to its average volume of 201,607. The business has a 50-day simple moving average of $6.54. Franklin Limited Duration Income Trust has a one year low of $6.08 and a one year high of $6.83.

Franklin Limited Duration Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors 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 11.45%. The ex-dividend date of this dividend is Monday, March 17th.

About Franklin Limited Duration Income Trust

(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.