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

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 39,102 shares, a drop of 18.0% from the February 12th total of 47,711 shares. Approximately 2.2% of the company’s shares are short sold. Based on an average daily trading volume, of 14,717 shares, the days-to-cover ratio is presently 2.7 days. Based on an average daily trading volume, of 14,717 shares, the days-to-cover ratio is presently 2.7 days. Approximately 2.2% of the company’s shares are short sold.

Franklin FTSE Eurozone ETF Stock Performance

FLEU stock traded up $0.67 during midday trading on Monday, hitting $32.67. 22,299 shares of the company’s stock were exchanged, compared to its average volume of 15,896. Franklin FTSE Eurozone ETF has a one year low of $23.50 and a one year high of $35.96. The company has a market cap of $58.81 million, a PE ratio of 16.43 and a beta of 0.75. The stock’s fifty day moving average price is $34.40 and its 200-day moving average price is $33.03.

Hedge Funds Weigh In On Franklin FTSE Eurozone ETF

Several institutional investors have recently modified their holdings of the business. Eagle Bay Advisors LLC acquired a new position in shares of Franklin FTSE Eurozone ETF in the 4th quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC bought a new stake in Franklin FTSE Eurozone ETF during the 3rd quarter worth approximately $81,000. Hedeker Wealth LLC acquired a new stake in Franklin FTSE Eurozone ETF during the 2nd quarter worth approximately $208,000. MML Investors Services LLC acquired a new stake in Franklin FTSE Eurozone ETF during the 4th quarter worth approximately $227,000. Finally, Jane Street Group LLC lifted its stake in 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 valued at $409,000 after buying an additional 1,963 shares in the last quarter.

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.