Franklin Resources Short Interest Ratio and Short Volume

-1.37 (-4.38 %)
(As of 04/13/2021 10:22 AM ET)
Today's Range
Now: $29.89
50-Day Range
MA: $28.69
52-Week Range
Now: $29.89
Volume56,154 shs
Average Volume3.56 million shs
Market Capitalization$15.11 billion
P/E Ratio18.68
Dividend Yield3.65%

Short Interest

Franklin Resources (NYSE:BEN) Short Interest Data

Current Short Volume19,190,000 shares
Previous Short Volume21,760,000 shares
Change Vs. Previous Month:-11.81%
Dollar Volume Sold Short$599.88 million
Short Interest Ratio / Days to Cover5.4
Last Record DateMarch, 31 2021
Outstanding Shares503,670,000 shares
Float Size289,940,000 shares
Short Percent of Float6.62%
Today's Trading Volume56,154 shares
Average Trading Volume3,563,168 shares
Today's Volume Vs. Average-98.42%

Short Interest Over Time

Franklin Resources (NYSE:BEN) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/202119,190,000 shares $599.88 million -11.8%6.6%5.4 $31.26
3/15/202121,760,000 shares $639.74 million -5.4%7.5%6 $29.40
2/26/202122,990,000 shares $657.97 million -4.3%7.9%6.6 $28.62
2/12/202124,010,000 shares $628.34 million +21.7%8.3%6.8 $26.17
1/29/202119,730,000 shares $541.79 million -19.7%6.8%5.3 $27.46
1/15/202124,570,000 shares $681.33 million +1.0%8.5%6.2 $27.73
12/31/202022,010,000 shares $566.76 million -5.3%7.8%5.5 $25.75
12/15/202022,010,000 shares $534.40 million -5.3%7.8%5.5 $24.28
11/30/202023,250,000 shares $581.48 million +5.5%8.3%5.9 $25.01
11/15/202022,040,000 shares $484.66 million -11.6%7.9%6.1 $21.99
10/30/202024,920,000 shares $511.11 million -3.6%9.2%7.3 $20.51
10/15/202025,860,000 shares $510.22 million -7.5%9.6%8 $19.73
9/30/202027,970,000 shares $647.79 million -2.8%10.3%8.7 $23.16
9/15/202028,760,000 shares $564.85 million +0.4%10.6%9.1 $19.64
8/31/202028,640,000 shares $577.10 million +1.1%10.6%8.5 $20.15
8/14/202028,320,000 shares $595.29 million -11.5%10.5%7.8 $21.02
7/31/202031,990,000 shares $697.38 million +0.5%11.8%8 $21.80
7/15/202031,840,000 shares $670.23 million +5.0%11.8%7.7 $21.05
6/30/202030,330,000 shares $624.80 million -2.8%11.2%7 $20.60
6/15/202031,210,000 shares $634.81 million +2.3%11.5%6.8 $20.34
5/29/202030,500,000 shares $635.01 million -5.6%11.3%5.9 $20.82
5/15/202032,310,000 shares $609.69 million +6.4%11.9%5.7 $18.87
4/30/202030,360,000 shares $587.47 million +2.6%11.2%5.1 $19.35
4/15/202029,590,000 shares $579.08 million +2.9%10.9%5 $19.57
3/31/202028,760,000 shares $457.86 million -7.8%10.6%5 $15.92

Franklin Resources (NYSE:BEN) Short Interest FAQ

speech bubbles
speech bubbles

What is Franklin Resources' current short interest?

Short interest is the volume of Franklin Resources shares that have been sold short but have not yet been covered or closed out. As of March 31st, traders have sold 19,190,000 shares of BEN short. 6.62% of Franklin Resources' shares are currently sold short. View details.

What is a good short interest ratio for Franklin Resources?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Franklin Resources currently has a short interest ratio of 5.0.

What is a good short interest percentage for Franklin Resources?

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 6.62% of Franklin Resources' floating shares are currently sold short.

Is Franklin Resources' short interest increasing or decreasing?

Franklin Resources saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 19,190,000 shares, a decline of 11.8% from the previous total of 21,760,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

What is Franklin Resources' float size?

Franklin Resources currently has issued a total of 505,404,000 shares. Some of Franklin Resources' outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Franklin Resources currently has a public float of 289,940,000 shares.

How does Franklin Resources' short interest compare to its competitors?

6.62% of Franklin Resources' shares are currently sold short. Here is how the short interest of companies in the sub-industry of "asset management & custody banks" compare to Franklin Resources: BlackRock, Inc. (1.46%), The Bank of New York Mellon Co. (0.98%), T. Rowe Price Group, Inc. (2.00%), State Street Co. (1.89%), Ameriprise Financial, Inc. (2.01%), Northern Trust Co. (1.43%), Invesco Ltd. (3.06%), SEI Investments (1.00%), Ares Capital Co. (0.00%), and Affiliated Managers Group, Inc. (3.39%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Franklin Resources stock?

Short selling BEN is an investing strategy that aims to generate trading profit from Franklin Resources as its price is falling. Franklin Resources' stock is trading down $1.37 today. To short Franklin Resources stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Franklin Resources will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Franklin Resources?

A short squeeze for Franklin Resources occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of BEN, which in turn drives the price of the stock up even further.

How often is Franklin Resources' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BEN, twice per month. The most recent reporting period available is March, 31 2021.

This page was last updated on 4/13/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Learn more.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.