Short Interest in Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Rises By 38.3%
by Renee Jackson · The Cerbat GemFranklin FTSE Eurozone ETF (NYSEARCA:FLEU – Get Free Report) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 4,269 shares, a growth of 38.3% from the December 15th total of 3,087 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 8,894 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 8,894 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s shares are short sold.
Franklin FTSE Eurozone ETF Stock Up 0.2%
NYSEARCA:FLEU traded up $0.07 on Friday, reaching $34.19. The company’s stock had a trading volume of 36,594 shares, compared to its average volume of 13,636. Franklin FTSE Eurozone ETF has a 12-month low of $23.50 and a 12-month high of $34.49. The stock has a 50 day moving average price of $32.97 and a 200 day moving average price of $32.03. The firm has a market cap of $61.54 million, a price-to-earnings ratio of 16.43 and a beta of 0.75.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the stock. Addison Advisors LLC purchased a new stake in shares of Franklin FTSE Eurozone ETF in the 2nd quarter valued at approximately $68,000. Measured Wealth Private Client Group LLC purchased a new stake in Franklin FTSE Eurozone ETF in the third quarter valued at approximately $81,000. Hedeker Wealth LLC purchased a new stake in Franklin FTSE Eurozone ETF in the second quarter valued at approximately $208,000. Jane Street Group LLC lifted its stake in Franklin FTSE Eurozone ETF by 17.4% during the second quarter. Jane Street Group LLC now owns 13,239 shares of the company’s stock worth $409,000 after purchasing an additional 1,963 shares in the last quarter. Finally, Cornerstone Wealth Management LLC purchased a new position in shares of Franklin FTSE Eurozone ETF during the third quarter worth $461,000.
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.