Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Short Interest Up 425.3% in August

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,033 shares, a growth of 425.3% from the July 30th total of 387 shares. Based on an average trading volume of 4,268 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Franklin FTSE Eurozone ETF

Several institutional investors have recently modified their holdings of the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Franklin FTSE Eurozone ETF during the 3rd quarter valued at about $81,000. MML Investors Services LLC purchased a new position in Franklin FTSE Eurozone ETF in the 4th quarter worth approximately $227,000. Sigma Planning Corp bought a new stake in Franklin FTSE Eurozone ETF during the 1st quarter valued at $226,000. Madison Asset Management LLC bought a new position in shares of Franklin FTSE Eurozone ETF during the first quarter valued at about $371,000. Finally, Jane Street Group LLC raised its position 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 Performance

FLEU traded up $0.10 during trading on Wednesday, reaching $37.05. The stock had a trading volume of 1,045 shares, compared to its average volume of 9,572. The stock has a market cap of $74.10 million, a PE ratio of 16.43 and a beta of 0.69. Franklin FTSE Eurozone ETF has a one year low of $30.49 and a one year high of $37.24. The business has a 50-day moving average of $36.00 and a 200-day moving average of $34.90.

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.