Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Short Interest Update
by Mitch Edgeman · The Markets DailyFranklin FTSE Eurozone ETF (NYSEARCA:FLEU – Get Free Report) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 39,102 shares, a decrease of 18.0% from the February 12th total of 47,711 shares. Based on an average daily volume of 14,717 shares, the days-to-cover ratio is presently 2.7 days. Currently, 2.2% of the shares of the company are sold short. Currently, 2.2% of the shares of the company are sold short. Based on an average daily volume of 14,717 shares, the days-to-cover ratio is presently 2.7 days.
Institutional Trading of Franklin FTSE Eurozone ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. Eagle Bay Advisors LLC acquired a new position in Franklin FTSE Eurozone ETF in the fourth quarter worth approximately $26,000. Jane Street Group LLC boosted its holdings in shares of Franklin FTSE Eurozone ETF by 17.4% in the second quarter. Jane Street Group LLC now owns 13,239 shares of the company’s stock worth $409,000 after buying an additional 1,963 shares during the period. Measured Wealth Private Client Group LLC acquired a new position in shares of Franklin FTSE Eurozone ETF in the third quarter worth about $81,000. Royal Bank of Canada lifted its holdings in shares of Franklin FTSE Eurozone ETF by 8.6% in the fourth quarter. Royal Bank of Canada now owns 34,836 shares of the company’s stock valued at $1,158,000 after purchasing an additional 2,755 shares in the last quarter. Finally, Cornerstone Wealth Management LLC grew its holdings 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 buying an additional 2,944 shares in the last quarter.
Franklin FTSE Eurozone ETF Stock Performance
Shares of FLEU stock traded up $0.12 during mid-day trading on Tuesday, hitting $32.79. 3,112 shares of the stock traded hands, compared to its average volume of 15,640. The company’s 50-day simple moving average is $34.40 and its 200-day simple moving average is $33.03. The firm has a market cap of $59.02 million, a price-to-earnings ratio of 16.43 and a beta of 0.75. Franklin FTSE Eurozone ETF has a twelve month low of $23.50 and a twelve month high of $35.96.
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.