Franklin FTSE Europe ETF (NYSEARCA:FLEE) Short Interest Update

Franklin FTSE Europe ETF (NYSEARCA:FLEE) saw a large decrease in short interest in March. As of March 13th, there was short interest totaling 26,651 shares, a decrease of 71.5% from the February 26th total of 93,641 shares. Based on an average daily volume of 18,104 shares, the short-interest ratio is currently 1.5 days. Approximately 0.8% of the company’s stock are short sold. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 18,104 shares, the short-interest ratio is currently 1.5 days.

Franklin FTSE Europe ETF Stock Up 1.4%

Shares of Franklin FTSE Europe ETF stock traded up $0.49 on Wednesday, hitting $35.97. 4,757 shares of the company’s stock traded hands, compared to its average volume of 21,383. Franklin FTSE Europe ETF has a 52-week low of $27.41 and a 52-week high of $39.86. The stock has a market cap of $115.10 million, a P/E ratio of 16.76 and a beta of 0.90. The firm’s 50-day moving average is $37.95 and its 200 day moving average is $36.42.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FLEE. EP Wealth Advisors LLC acquired a new position in Franklin FTSE Europe ETF during the 4th quarter worth $24,010,000. LPL Financial LLC raised its stake in shares of Franklin FTSE Europe ETF by 8.5% in the 4th quarter. LPL Financial LLC now owns 24,818 shares of the company’s stock valued at $907,000 after purchasing an additional 1,952 shares in the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of Franklin FTSE Europe ETF by 4.0% during the fourth quarter. Kestra Private Wealth Services LLC now owns 7,498 shares of the company’s stock worth $274,000 after purchasing an additional 288 shares during the last quarter. Treasure Coast Financial Planning grew its stake in Franklin FTSE Europe ETF by 0.5% in 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 in the last quarter. Finally, Susquehanna International Group LLP acquired a new position in Franklin FTSE Europe ETF in the third quarter worth about $589,000.

About Franklin FTSE Europe ETF

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.