Franklin FTSE Europe ETF (NYSEARCA:FLEE – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,234 shares, a decrease of 48.9% from the August 31st total of 2,414 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 9,311 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC increased its holdings in shares of Franklin FTSE Europe ETF by 16.9% during the second quarter. Integrated Wealth Concepts LLC now owns 8,052 shares of the company’s stock valued at $313,000 after acquiring an additional 1,164 shares in the last quarter. Fifth Third Bancorp bought a new position in Franklin FTSE Europe ETF in the 1st quarter worth about $691,000. EverSource Wealth Advisors LLC boosted its stake in Franklin FTSE Europe ETF by 71.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 58,148 shares of the company’s stock worth $2,114,000 after purchasing an additional 24,309 shares in the last quarter. Finally, Tidal Investments LLC grew its position in Franklin FTSE Europe ETF by 105.9% during the 2nd quarter. Tidal Investments LLC now owns 304,130 shares of the company’s stock valued at $11,815,000 after purchasing an additional 156,449 shares during the last quarter.
Franklin FTSE Europe ETF Stock Down 0.9%
Shares of FLEE stock traded down $0.36 during trading hours on Wednesday, hitting $37.91. 158,659 shares of the company’s stock traded hands, compared to its average volume of 15,623. The stock’s fifty day simple moving average is $39.44 and its two-hundred day simple moving average is $38.60. Franklin FTSE Europe ETF has a 12-month low of $34.16 and a 12-month high of $40.53. The stock has a market cap of $106.15 million, a price-to-earnings ratio of 16.76 and a beta of 0.82.
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.
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