Short interest in Franklin New York Municipal Income ETF (ARCA:FTNY) decreased during the last reporting period, falling from 76.39K to 11.60K. This put -% of the company's publicly available shares short.

Based on the recent average volume of 178.76K 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.