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

Franklin FTSE Europe ETF (NYSEARCA:FLEE) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 534 shares, a drop of 99.1% from the May 31st total of 58,728 shares. Based on an average daily volume of 3,691 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Franklin FTSE Europe ETF Stock Performance

Shares of Franklin FTSE Europe ETF stock traded up $0.40 during midday trading on Thursday, hitting $39.14. The company had a trading volume of 3,842 shares, compared to its average volume of 17,105. The stock has a market capitalization of $117.42 million, a P/E ratio of 16.76 and a beta of 0.82. The company has a 50 day moving average of $38.71 and a 200 day moving average of $37.89. Franklin FTSE Europe ETF has a 52-week low of $32.55 and a 52-week high of $39.86.

Hedge Funds Weigh In On Franklin FTSE Europe ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new stake in Franklin FTSE Europe ETF during the 2nd quarter valued at about $140,000. Vident Advisory LLC purchased a new position in Franklin FTSE Europe ETF in the second quarter worth about $231,000. Kestra Private Wealth Services LLC raised its holdings in Franklin FTSE Europe ETF by 8.7% in the third quarter. Kestra Private Wealth Services LLC now owns 7,210 shares of the company’s stock worth $250,000 after buying an additional 576 shares during the last quarter. Susquehanna International Group LLP bought a new position in shares of Franklin FTSE Europe ETF in the third quarter worth approximately $589,000. Finally, Fifth Third Bancorp bought a new position in shares of Franklin FTSE Europe ETF in the first quarter worth approximately $691,000.

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.