Franklin Resources, Inc. ( NYSE:BEN – Get Rating ) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 15,170,000 shares, a decrease of 9.7% from the March 31st total of 16,800,000 shares. Based on an average daily volume of 3,840,000 shares, the days-to-cover ratio is presently 4.0 days. Approximately 5.2% of the shares of the stock are sold short. Insider Buying and Selling In related news, insider Franklin Resources Inc purchased 2,465,483 shares of the company's stock in a transaction dated Friday, April 28th.

https://www.dailypolitical.com/2023/05/03/franklin-resources-inc-nyseben-short-interest-update.html

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