Franklin FTSE Europe ETF (NYSEARCA:FLEE – Get Free Report) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 306 shares, a drop of 75.2% from the September 15th total of 1,234 shares. Based on an average daily trading volume, of 19,666 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC lifted its holdings in shares of Franklin FTSE Europe ETF by 16.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 8,052 shares of the company’s stock valued at $313,000 after buying an additional 1,164 shares during the period. Fifth Third Bancorp bought a new position in shares of Franklin FTSE Europe ETF during the 1st quarter valued at approximately $691,000. EverSource Wealth Advisors LLC lifted its holdings in Franklin FTSE Europe ETF by 71.8% during the first quarter. EverSource Wealth Advisors LLC now owns 58,148 shares of the company’s stock valued at $2,114,000 after purchasing an additional 24,309 shares in the last quarter. Finally, Tidal Investments LLC boosted its holdings in Franklin FTSE Europe ETF by 105.9% in the 2nd quarter. Tidal Investments LLC now owns 304,130 shares of the company’s stock worth $11,815,000 after buying an additional 156,449 shares during the period.
Franklin FTSE Europe ETF Trading Up 0.4%
NYSEARCA:FLEE traded up $0.14 during mid-day trading on Tuesday, reaching $37.57. The company’s stock had a trading volume of 2,547 shares, compared to its average volume of 15,391. The stock has a market cap of $97.68 million, a P/E ratio of 16.76 and a beta of 0.82. The firm’s fifty day moving average price is $39.18 and its two-hundred day moving average price is $38.69. Franklin FTSE Europe ETF has a 12-month low of $34.16 and a 12-month high of $40.53.
About Franklin FTSE Europe ETF
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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