Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Short Interest Up 303.3% in May

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 1,456 shares, a growth of 303.3% from the May 14th total of 361 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,641 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Franklin FTSE Eurozone ETF

Several large investors have recently made changes to their positions in the business. Eagle Bay Advisors LLC acquired a new position in shares of Franklin FTSE Eurozone ETF in the fourth quarter worth about $26,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Franklin FTSE Eurozone ETF in the third quarter worth about $81,000. MML Investors Services LLC acquired a new position in shares of Franklin FTSE Eurozone ETF in the fourth quarter worth about $227,000. Sigma Planning Corp acquired a new position in shares of Franklin FTSE Eurozone ETF in the first quarter worth about $226,000. Finally, Madison Asset Management LLC acquired a new position in shares of Franklin FTSE Eurozone ETF in the first quarter worth about $371,000.

Franklin FTSE Eurozone ETF Trading Up 3.5%

FLEU traded up $1.21 on Thursday, reaching $36.04. The company had a trading volume of 4,308 shares, compared to its average volume of 11,127. Franklin FTSE Eurozone ETF has a one year low of $29.48 and a one year high of $36.04. The company has a fifty day moving average of $34.65 and a 200-day moving average of $33.97. The company has a market capitalization of $72.08 million, a P/E ratio of 16.43 and a beta of 0.70.

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.