Short Interest in Franklin FTSE Europe ETF (NYSEARCA:FLEE) Decreases By 99.1%

Franklin FTSE Europe ETF (NYSEARCA:FLEE) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 534 shares, a decrease of 99.1% from the May 31st total of 58,728 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,691 shares, the days-to-cover ratio is currently 0.1 days.

Franklin FTSE Europe ETF Trading Up 1.0%

FLEE traded up $0.40 during trading on Thursday, hitting $39.14. 3,842 shares of the company’s stock traded hands, compared to its average volume of 17,105. The stock has a market capitalization of $117.42 million, a price-to-earnings ratio of 16.76 and a beta of 0.82. The company’s 50 day simple moving average is $38.71 and its two-hundred day simple moving average is $37.89. Franklin FTSE Europe ETF has a 12-month low of $32.55 and a 12-month high of $39.86.

Hedge Funds Weigh In On Franklin FTSE Europe ETF

Hedge funds have recently bought and sold shares of the business. Flow Traders U.S. LLC lifted its stake in Franklin FTSE Europe ETF by 129.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 187,317 shares of the company’s stock valued at $6,500,000 after acquiring an additional 105,741 shares during the period. LPL Financial LLC raised its holdings in shares of Franklin FTSE Europe ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 24,818 shares of the company’s stock valued at $907,000 after purchasing an additional 1,952 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in Franklin FTSE Europe ETF by 8.7% during the third quarter. Kestra Private Wealth Services LLC now owns 7,210 shares of the company’s stock valued at $250,000 after purchasing an additional 576 shares during the period. Susquehanna International Group LLP bought a new position in Franklin FTSE Europe ETF during the third quarter valued at approximately $589,000. Finally, Bank of America Corp DE boosted its holdings in Franklin FTSE Europe ETF by 18.8% in 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.

About Franklin FTSE Europe ETF

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.