Short Interest in Franklin FTSE Europe ETF (NYSEARCA:FLEE) Declines By 94.8%
by Amy Steele · The Cerbat GemFranklin FTSE Europe ETF (NYSEARCA:FLEE – Get Free Report) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totaling 449 shares, a drop of 94.8% from the March 31st total of 8,558 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 6,058 shares, the days-to-cover ratio is currently 0.1 days.
Franklin FTSE Europe ETF Price Performance
FLEE stock traded up $0.24 during midday trading on Friday, reaching $38.23. The company had a trading volume of 1,591 shares, compared to its average volume of 17,379. Franklin FTSE Europe ETF has a 1 year low of $31.60 and a 1 year high of $39.86. The company has a market capitalization of $114.69 million, a P/E ratio of 16.76 and a beta of 0.85. The firm has a 50-day moving average price of $37.56 and a 200-day moving average price of $36.83.
Institutional Trading of Franklin FTSE Europe ETF
Hedge funds have recently made changes to their positions in the stock. EP Wealth Advisors LLC grew its position in Franklin FTSE Europe ETF by 2.1% in the second quarter. EP Wealth Advisors LLC now owns 677,812 shares of the company’s stock worth $22,700,000 after acquiring an additional 13,839 shares in the last quarter. Tidal Investments LLC raised its position in Franklin FTSE Europe ETF by 298.5% during the second quarter. Tidal Investments LLC now owns 259,038 shares of the company’s stock valued at $8,675,000 after purchasing an additional 194,028 shares in the last quarter. Treasure Coast Financial Planning lifted its stake in Franklin FTSE Europe ETF by 0.5% during the fourth quarter. Treasure Coast Financial Planning now owns 252,053 shares of the company’s stock worth $9,210,000 after purchasing an additional 1,295 shares during the last quarter. Flow Traders U.S. LLC lifted its stake in Franklin FTSE Europe ETF by 129.6% during the third quarter. Flow Traders U.S. LLC now owns 187,317 shares of the company’s stock worth $6,500,000 after purchasing an additional 105,741 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of Franklin FTSE Europe ETF by 56.3% in the 2nd quarter. Osaic Holdings Inc. now owns 49,371 shares of the company’s stock worth $1,653,000 after purchasing an additional 17,785 shares in the last quarter.
Franklin FTSE Europe ETF Company Profile
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.