Franklin Universal Trust (NYSE:FT) Short Interest Update

Franklin Universal Trust (NYSE:FT - Get Free Report) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 15,143 shares, a drop of 42.5% from the July 30th total of 26,320 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 44,134 shares, the short-interest ratio is…