Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Sees Large Drop in Short Interest

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

Franklin FTSE Eurozone ETF Stock Down 0.1%

Franklin FTSE Eurozone ETF stock traded down $0.03 during mid-day trading on Friday, reaching $37.09. 2,263 shares of the company’s stock were exchanged, compared to its average volume of 9,950. Franklin FTSE Eurozone ETF has a twelve month low of $30.49 and a twelve month high of $37.17. The company has a market cap of $74.18 million, a P/E ratio of 16.43 and a beta of 0.69. The company has a fifty day moving average of $35.79 and a 200-day moving average of $34.79.

Institutional Trading of Franklin FTSE Eurozone ETF

A number of large investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in Franklin FTSE Eurozone ETF by 8.0% in the first quarter. Royal Bank of Canada now owns 37,633 shares of the company’s stock valued at $1,217,000 after purchasing an additional 2,797 shares during the period. Osaic Holdings Inc. increased its holdings in Franklin FTSE Eurozone ETF by 133.9% during the 2nd quarter. Osaic Holdings Inc. now owns 32,500 shares of the company’s stock worth $1,005,000 after purchasing an additional 18,607 shares during the period. Cornerstone Wealth Management LLC increased its holdings in Franklin FTSE Eurozone ETF by 20.5% during the 4th quarter. Cornerstone Wealth Management LLC now owns 17,297 shares of the company’s stock worth $575,000 after purchasing an additional 2,944 shares during the period. Jane Street Group LLC raised its position in Franklin FTSE Eurozone ETF by 17.4% in 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 in the last quarter. Finally, Madison Asset Management LLC acquired a new stake in Franklin FTSE Eurozone ETF in the 1st quarter valued at about $371,000.

About Franklin FTSE Eurozone ETF

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.