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 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 daily trading volume, of 7,689 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Franklin FTSE Eurozone ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC acquired a new position in Franklin FTSE Eurozone ETF during the 3rd quarter valued at about $2,576,000. Royal Bank of Canada boosted its stake in Franklin FTSE Eurozone ETF by 8.6% during the 4th quarter. Royal Bank of Canada now owns 34,836 shares of the company’s stock valued at $1,158,000 after purchasing an additional 2,755 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Franklin FTSE Eurozone ETF by 133.9% during the 2nd quarter. Osaic Holdings Inc. now owns 32,500 shares of the company’s stock valued at $1,005,000 after purchasing an additional 18,607 shares during the last quarter. Cornerstone Wealth Management LLC boosted its stake in Franklin FTSE Eurozone ETF by 20.5% during the 4th quarter. Cornerstone Wealth Management LLC now owns 17,297 shares of the company’s stock valued at $575,000 after purchasing an additional 2,944 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Franklin FTSE Eurozone ETF by 17.4% during the 2nd quarter. Jane Street Group LLC now owns 13,239 shares of the company’s stock valued at $409,000 after purchasing an additional 1,963 shares during the last quarter.

Franklin FTSE Eurozone ETF Stock Down 2.0%

FLEU stock traded down $0.70 during mid-day trading on Friday, reaching $34.01. 4,857 shares of the company traded hands, compared to its average volume of 12,363. The stock 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 fifty-two week low of $29.48 and a fifty-two week high of $35.96. The firm’s 50 day moving average price is $33.53 and its 200 day moving average price is $33.55.

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.