Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Short Interest Update

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 18,157 shares, an increase of 72.3% from the January 15th total of 10,537 shares. Based on an average trading volume of 17,489 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.0% of the shares of the company are short sold. Approximately 1.0% of the shares of the company are short sold. Based on an average trading volume of 17,489 shares, the days-to-cover ratio is currently 1.0 days.

Franklin FTSE Eurozone ETF Stock Performance

NYSEARCA FLEU traded down $0.08 during trading on Friday, hitting $34.92. 20,868 shares of the company’s stock traded hands, compared to its average volume of 14,896. The stock has a market capitalization of $62.86 million, a price-to-earnings ratio of 16.43 and a beta of 0.75. Franklin FTSE Eurozone ETF has a 12-month low of $23.50 and a 12-month high of $35.78. The business has a 50 day moving average of $33.95 and a 200-day moving average of $32.55.

Institutional Trading of Franklin FTSE Eurozone ETF

A number of institutional investors have recently modified their holdings of FLEU. Envestnet Asset Management Inc. lifted its position in shares of Franklin FTSE Eurozone ETF by 12.7% during the second quarter. Envestnet Asset Management Inc. now owns 71,819 shares of the company’s stock worth $2,221,000 after acquiring an additional 8,079 shares in the last quarter. Addison Advisors LLC purchased a new position in shares of Franklin FTSE Eurozone ETF in the second quarter valued at $68,000. Hedeker Wealth LLC bought a new stake in shares of Franklin FTSE Eurozone ETF during the 2nd quarter valued at $208,000. Cornerstone Wealth Management LLC bought a new stake in shares of Franklin FTSE Eurozone ETF during the 3rd quarter valued at $461,000. Finally, Flow Traders U.S. LLC purchased a new stake in Franklin FTSE Eurozone ETF during the 3rd quarter worth about $2,576,000.

Franklin FTSE Eurozone ETF Company Profile

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.