Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Short Interest Up 146.8% in January

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 10,537 shares, an increase of 146.8% from the December 31st total of 4,269 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 11,380 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 11,380 shares, the short-interest ratio is presently 0.9 days. Approximately 0.6% of the company’s stock are sold short.

Franklin FTSE Eurozone ETF Trading Down 0.9%

NYSEARCA:FLEU traded down $0.30 during mid-day trading on Friday, reaching $34.54. The company’s stock had a trading volume of 13,143 shares, compared to its average volume of 14,382. The stock has a market cap of $62.17 million, a P/E ratio of 16.43 and a beta of 0.75. The firm’s fifty day moving average price is $33.43 and its two-hundred day moving average price is $32.26. Franklin FTSE Eurozone ETF has a 12-month low of $23.50 and a 12-month high of $35.26.

Institutional Trading of Franklin FTSE Eurozone ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Eagle Bay Advisors LLC bought a new stake in Franklin FTSE Eurozone ETF during the 4th quarter valued at approximately $26,000. Addison Advisors LLC purchased a new position in shares of Franklin FTSE Eurozone ETF in the 2nd quarter worth $68,000. Measured Wealth Private Client Group LLC purchased a new position in Franklin FTSE Eurozone ETF in the third quarter worth about $81,000. Hedeker Wealth LLC bought a new position in shares of Franklin FTSE Eurozone ETF during the 2nd quarter valued at approximately $208,000. Finally, Jane Street Group LLC boosted 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 buying an additional 1,963 shares during the period.

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.