Franklin Short-Term Municipal Income ETF (FTMS) traded as low as $9.90 per share on Wednesday and entered oversold territory by the Relative Strength Index (RSI). The move is a technical signal indicating short-term selling pressure in the short-term municipal bond ETF and is likely driven by flows rather than a change in fundamental credit conditions.
Franklin Short-Term Municipal Income ETF (FTMS) traded as low as $9.90 per share on Wednesday and entered oversold territory by the Relative Strength Index (RSI). The move is a technical signal indicating short-term selling pressure in the short-term municipal bond ETF and is likely driven by flows rather than a change in fundamental credit conditions.
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