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

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 652 shares, a decline of 66.4% from the April 15th total of 1,940 shares. Based on an average trading volume of 7,689 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Flow Traders U.S. LLC bought a new position in shares of Franklin FTSE Eurozone ETF in the third quarter worth $2,576,000. Cornerstone Wealth Management LLC bought a new position in shares of Franklin FTSE Eurozone ETF in the third quarter worth $461,000. Eagle Bay Advisors LLC bought a new position in shares of Franklin FTSE Eurozone ETF in the fourth quarter worth $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of Franklin FTSE Eurozone ETF in the third quarter worth $81,000. Finally, Royal Bank of Canada increased 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 worth $1,158,000 after purchasing an additional 2,755 shares during the period.

Franklin FTSE Eurozone ETF Trading Down 2.0%

Shares of Franklin FTSE Eurozone ETF stock traded down $0.70 during trading on Friday, hitting $34.01. The stock had a trading volume of 4,857 shares, compared to its average volume of 12,363. The firm has a market cap of $68.02 million, a price-to-earnings ratio of 16.43 and a beta of 0.70. Franklin FTSE Eurozone ETF has a 12 month low of $29.48 and a 12 month high of $35.96. The business’s 50-day moving average is $33.53 and its 200 day moving average is $33.55.

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.