Short interest in Franklin New Jersey Municipal Income ETF (ARCA:FTNJ) decreased during the last reporting period, falling from 152.23K to 75.10K. This put -% of the company's publicly available shares short.

Based on the recent average volume of 332.17K 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.