Franklin FTSE Eurozone ETF (NYSEARCA:FLEU – Get Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 2,200 shares, a decrease of 90.0% from the June 30th total of 21,983 shares. Based on an average trading volume of 6,692 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in FLEU. Jane Street Group LLC increased its holdings in shares of Franklin FTSE Eurozone ETF by 17.4% in the second quarter. Jane Street Group LLC now owns 13,239 shares of the company’s stock valued at $409,000 after buying an additional 1,963 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Franklin FTSE Eurozone ETF by 133.9% in the 2nd quarter. Osaic Holdings Inc. now owns 32,500 shares of the company’s stock worth $1,005,000 after acquiring an additional 18,607 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new position in shares of Franklin FTSE Eurozone ETF in the 3rd quarter worth $81,000. Eagle Bay Advisors LLC acquired a new stake in shares of Franklin FTSE Eurozone ETF during the fourth quarter worth $26,000. Finally, Cornerstone Wealth Management LLC raised its position in shares of Franklin FTSE Eurozone ETF by 20.5% during the fourth quarter. Cornerstone Wealth Management LLC now owns 17,297 shares of the company’s stock worth $575,000 after purchasing an additional 2,944 shares during the period.
Franklin FTSE Eurozone ETF Price Performance
Shares of FLEU traded up $0.17 during mid-day trading on Friday, hitting $35.07. The company’s stock had a trading volume of 2,415 shares, compared to its average volume of 10,509. The firm has a 50-day moving average price of $35.48 and a 200 day moving average price of $34.56. The stock has a market capitalization of $70.14 million, a price-to-earnings ratio of 16.43 and a beta of 0.69. Franklin FTSE Eurozone ETF has a fifty-two week low of $29.58 and a fifty-two week high of $37.17.
About Franklin FTSE Eurozone ETF
The Franklin FTSE Eurozone ETF Franklin FTSE Europe Hedged Fund (FLEU) is an exchange-traded fund that is based on the FTSE Developed Eurozone index. The fund tracks a market cap weighted index of large- and mid-cap companies in the developed Eurozone. The currency exposure is not hedged FLEU was launched on Nov 2, 2017 and is issued by Franklin Templeton.
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