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

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 21,983 shares, a growth of 1,671.4% from the June 15th total of 1,241 shares. Based on an average daily volume of 12,739 shares, the short-interest ratio is presently 1.7 days. Approximately 1.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Franklin FTSE Eurozone ETF

Large investors have recently bought and sold shares of the stock. Eagle Bay Advisors LLC bought a new stake in Franklin FTSE Eurozone ETF in the 4th quarter valued at $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of Franklin FTSE Eurozone ETF during the 3rd quarter worth about $81,000. Sigma Planning Corp acquired a new position in shares of Franklin FTSE Eurozone ETF during the first quarter valued at about $226,000. MML Investors Services LLC acquired a new position in shares of Franklin FTSE Eurozone ETF during the fourth quarter valued at about $227,000. Finally, Madison Asset Management LLC bought a new stake in shares of Franklin FTSE Eurozone ETF in the first quarter valued at about $371,000.

Franklin FTSE Eurozone ETF Stock Up 0.1%

NYSEARCA FLEU traded up $0.02 during trading on Friday, hitting $35.38. The company’s stock had a trading volume of 3,167 shares, compared to its average volume of 11,038. Franklin FTSE Eurozone ETF has a 52 week low of $29.58 and a 52 week high of $37.17. The firm has a market cap of $70.76 million, a P/E ratio of 16.43 and a beta of 0.69. The firm has a 50 day moving average price of $35.39 and a 200 day moving average price of $34.42.

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.