Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Short Interest Down 90.0% in July

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 2,200 shares, a drop of 90.0% from the June 30th total of 21,983 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 6,692 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Royal Bank of Canada raised its position in Franklin FTSE Eurozone ETF by 8.0% during the 1st quarter. Royal Bank of Canada now owns 37,633 shares of the company’s stock valued at $1,217,000 after purchasing an additional 2,797 shares during the last quarter. Madison Asset Management LLC bought a new stake in shares of Franklin FTSE Eurozone ETF in the 1st quarter worth approximately $371,000. Sigma Planning Corp bought a new stake in shares of Franklin FTSE Eurozone ETF in the 1st quarter worth approximately $226,000. MML Investors Services LLC purchased a new position in shares of Franklin FTSE Eurozone ETF during the fourth quarter valued at approximately $227,000. Finally, Cornerstone Wealth Management LLC raised 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 acquiring an additional 2,944 shares in the last quarter.

Franklin FTSE Eurozone ETF Stock Up 0.5%

Shares of NYSEARCA:FLEU traded up $0.17 during midday trading on Friday, hitting $35.07. 2,415 shares of the stock traded hands, compared to its average volume of 10,509. The stock has a market capitalization of $70.14 million, a PE ratio of 16.43 and a beta of 0.69. The business’s 50 day moving average is $35.46 and its two-hundred day moving average is $34.55. Franklin FTSE Eurozone ETF has a one year low of $29.58 and a one year high of $37.17.

About Franklin FTSE Eurozone ETF

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.