Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Sees Significant Decrease in Short Interest
by Doug Wharley · The Cerbat GemFranklin FTSE Eurozone ETF (NYSEARCA:FLEU – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 361 shares, a decline of 44.6% from the April 30th total of 652 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 8,138 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Trading of Franklin FTSE Eurozone ETF
Institutional investors have recently modified their holdings of the company. Eagle Bay Advisors LLC purchased a new stake in Franklin FTSE Eurozone ETF in the fourth quarter worth about $26,000. Jane Street Group LLC increased its stake in shares of Franklin FTSE Eurozone ETF by 17.4% during the second quarter. Jane Street Group LLC now owns 13,239 shares of the company’s stock valued at $409,000 after purchasing an additional 1,963 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in shares of Franklin FTSE Eurozone ETF during the third quarter valued at approximately $81,000. Royal Bank of Canada increased its position in shares of Franklin FTSE Eurozone ETF by 8.6% during the fourth quarter. Royal Bank of Canada now owns 34,836 shares of the company’s stock valued at $1,158,000 after acquiring an additional 2,755 shares in the last quarter. Finally, Cornerstone Wealth Management LLC increased its position in shares of Franklin FTSE Eurozone ETF by 20.5% during the fourth quarter. Cornerstone Wealth Management LLC now owns 17,297 shares of the company’s stock valued at $575,000 after acquiring an additional 2,944 shares in the last quarter.
Franklin FTSE Eurozone ETF Stock Performance
Shares of NYSEARCA:FLEU traded up $0.25 during midday trading on Thursday, reaching $35.59. The company’s stock had a trading volume of 270 shares, compared to its average volume of 11,464. Franklin FTSE Eurozone ETF has a fifty-two week low of $29.48 and a fifty-two week high of $35.96. The firm has a 50 day moving average price of $34.22 and a two-hundred day moving average price of $33.82. The firm has a market capitalization of $71.18 million, a price-to-earnings ratio of 16.43 and a beta of 0.70.
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.