Franklin FTSE Europe ETF (NYSEARCA:FLEE) Short Interest Down 99.1% in June

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

Institutional Investors Weigh In On Franklin FTSE Europe ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Private Wealth Services LLC boosted its holdings in Franklin FTSE Europe ETF by 4.0% during the fourth quarter. Kestra Private Wealth Services LLC now owns 7,498 shares of the company’s stock worth $274,000 after buying an additional 288 shares in the last quarter. Treasure Coast Financial Planning lifted its stake in shares of Franklin FTSE Europe ETF by 0.5% during the fourth quarter. Treasure Coast Financial Planning now owns 252,053 shares of the company’s stock valued at $9,210,000 after buying an additional 1,295 shares during the period. LPL Financial LLC boosted 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 worth $907,000 after purchasing an additional 1,952 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Franklin FTSE Europe ETF in the 2nd quarter worth about $140,000. Finally, Bank of America Corp DE boosted its position in shares of 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 acquiring an additional 4,905 shares during the last quarter.

Franklin FTSE Europe ETF Stock Down 2.7%

NYSEARCA:FLEE traded down $1.05 during trading hours on Friday, reaching $38.09. 4,699 shares of the company’s stock were exchanged, compared to its average volume of 17,000. The firm has a market capitalization of $114.27 million, a price-to-earnings ratio of 16.76 and a beta of 0.82. Franklin FTSE Europe ETF has a 1-year low of $32.55 and a 1-year high of $39.86. The company has a 50-day moving average of $38.71 and a 200 day moving average of $37.89.

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.