Franklin FTSE Europe ETF (NYSEARCA:FLEE) Short Interest Update

Franklin FTSE Europe ETF (NYSEARCA:FLEE) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 8,558 shares, a decrease of 67.9% from the March 15th total of 26,651 shares. Based on an average daily trading volume, of 16,508 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FLEE. EP Wealth Advisors LLC purchased a new position in shares of Franklin FTSE Europe ETF during the 4th quarter worth $24,010,000. Tidal Investments LLC lifted its stake in shares of Franklin FTSE Europe ETF by 298.5% during the 2nd quarter. Tidal Investments LLC now owns 259,038 shares of the company’s stock worth $8,675,000 after purchasing an additional 194,028 shares during the period. Flow Traders U.S. LLC lifted its stake in shares of Franklin FTSE Europe ETF by 129.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 187,317 shares of the company’s stock worth $6,500,000 after purchasing an additional 105,741 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Franklin FTSE Europe ETF by 56.3% during the 2nd quarter. Osaic Holdings Inc. now owns 49,371 shares of the company’s stock worth $1,653,000 after purchasing an additional 17,785 shares during the period. Finally, Susquehanna International Group LLP purchased a new position in shares of Franklin FTSE Europe ETF during the 3rd quarter worth $589,000.

Franklin FTSE Europe ETF Trading Up 0.8%

Shares of Franklin FTSE Europe ETF stock traded up $0.29 during trading hours on Monday, reaching $38.61. 4,149 shares of the company’s stock were exchanged, compared to its average volume of 19,279. Franklin FTSE Europe ETF has a 52-week low of $30.09 and a 52-week high of $39.86. The firm has a market capitalization of $115.83 million, a price-to-earnings ratio of 16.76 and a beta of 0.85. The company has a fifty day moving average of $37.60 and a 200-day moving average of $36.64.

Franklin FTSE Europe ETF Company Profile

The Franklin FTSE Europe ETF (FLEE) is an exchange-traded fund that is based on the FTSE Developed Europe RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed European countries. FLEE was launched on Nov 2, 2017 and is managed by Franklin Templeton.