Franklin FTSE Europe ETF (NYSEARCA:FLEE) Short Interest Update

Franklin FTSE Europe ETF (NYSEARCA:FLEE) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 1,586 shares, a growth of 301.5% from the June 30th total of 395 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,450 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Franklin FTSE Europe ETF

A number of hedge funds have recently modified their holdings of the stock. EP Wealth Advisors LLC boosted its stake in Franklin FTSE Europe ETF by 2.1% during the second quarter. EP Wealth Advisors LLC now owns 677,812 shares of the company’s stock worth $22,700,000 after buying an additional 13,839 shares during the last quarter. Tidal Investments LLC boosted its position in shares of Franklin FTSE Europe ETF by 298.5% during the 2nd quarter. Tidal Investments LLC now owns 259,038 shares of the company’s stock valued at $8,675,000 after acquiring an additional 194,028 shares during the last quarter. Treasure Coast Financial Planning grew its holdings in shares of Franklin FTSE Europe ETF by 0.5% in the fourth quarter. Treasure Coast Financial Planning now owns 252,053 shares of the company’s stock valued at $9,210,000 after purchasing an additional 1,295 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Franklin FTSE Europe ETF by 71.8% in the first quarter. EverSource Wealth Advisors LLC now owns 58,148 shares of the company’s stock valued at $2,114,000 after purchasing an additional 24,309 shares during the period. Finally, Bank of America Corp DE increased its position in Franklin FTSE Europe ETF by 18.8% during the third quarter. Bank of America Corp DE now owns 30,949 shares of the company’s stock worth $1,074,000 after purchasing an additional 4,905 shares during the last quarter.

Franklin FTSE Europe ETF Stock Up 0.4%

Shares of FLEE stock traded up $0.15 on Monday, hitting $38.74. The stock had a trading volume of 8,254 shares, compared to its average volume of 16,448. Franklin FTSE Europe ETF has a one year low of $32.55 and a one year high of $39.86. The business has a 50 day moving average price of $38.81 and a 200 day moving average price of $38.19. The company has a market cap of $116.22 million, a PE ratio of 16.76 and a beta of 0.82.

Franklin FTSE Europe ETF Company Profile

The Franklin FTSE Europe ETF (FLEE) is an exchange-traded fund that is based on the FTSE Developed Europe RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed European countries. FLEE was launched on Nov 2, 2017 and is managed by Franklin Templeton.