Short interest in Franklin Short-Term Municipal Income ETF (ARCA:FTMS) decreased during the last reporting period, falling from 98.90K to 58.23K. This put -% of the company's publicly available shares short.

Based on the recent average volume of 322.31K shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.