Short Interest in Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Decreases By 82.4%

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 387 shares, a decline of 82.4% from the July 15th total of 2,200 shares. Based on an average daily volume of 4,784 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in FLEU. Osaic Holdings Inc. lifted its holdings in Franklin FTSE Eurozone ETF by 133.9% during the second quarter. Osaic Holdings Inc. now owns 32,500 shares of the company’s stock valued at $1,005,000 after purchasing an additional 18,607 shares in the last quarter. Madison Asset Management LLC purchased a new stake in shares of Franklin FTSE Eurozone ETF during the first quarter worth about $371,000. Sigma Planning Corp acquired a new position in shares of Franklin FTSE Eurozone ETF during the 1st quarter worth about $226,000. MML Investors Services LLC acquired a new position in shares of Franklin FTSE Eurozone ETF during the 4th quarter worth about $227,000. Finally, Cornerstone Wealth Management LLC lifted its stake in Franklin FTSE Eurozone ETF by 20.5% in the 4th quarter. Cornerstone Wealth Management LLC now owns 17,297 shares of the company’s stock valued at $575,000 after buying an additional 2,944 shares in the last quarter.

Franklin FTSE Eurozone ETF Price Performance

NYSEARCA FLEU traded up $0.09 during trading hours on Thursday, reaching $37.12. The company’s stock had a trading volume of 1,279 shares, compared to its average volume of 10,001. The firm has a market capitalization of $74.24 million, a price-to-earnings ratio of 16.43 and a beta of 0.69. Franklin FTSE Eurozone ETF has a 1-year low of $30.49 and a 1-year high of $37.17. The company’s 50-day moving average is $35.79 and its two-hundred day moving average is $34.79.

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.