Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Short Interest Down 82.4% in July

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 387 shares, a drop of 82.4% from the July 15th total of 2,200 shares. Based on an average trading volume of 4,784 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in shares of 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 buying an additional 2,797 shares during the period. Madison Asset Management LLC acquired a new position in shares of Franklin FTSE Eurozone ETF in the first quarter worth $371,000. Sigma Planning Corp acquired a new position in shares of Franklin FTSE Eurozone ETF in the first quarter worth $226,000. MML Investors Services LLC purchased a new stake in shares of Franklin FTSE Eurozone ETF during the fourth quarter worth $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 worth $575,000 after acquiring an additional 2,944 shares in the last quarter.

Franklin FTSE Eurozone ETF Price Performance

NYSEARCA:FLEU opened at $36.97 on Wednesday. The stock has a market cap of $73.94 million, a PE ratio of 16.43 and a beta of 0.69. Franklin FTSE Eurozone ETF has a fifty-two week low of $30.49 and a fifty-two week high of $37.17. The stock’s 50-day moving average is $35.73 and its two-hundred day moving average is $34.75.

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.