Short Interest in Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) Grows By 146.8%

Franklin FTSE Eurozone ETF (NYSEARCA:FLEU) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 10,537 shares, a growth of 146.8% from the December 31st total of 4,269 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 11,380 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 11,380 shares, the short-interest ratio is presently 0.9 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Trading of Franklin FTSE Eurozone ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC acquired a new stake in Franklin FTSE Eurozone ETF during the 4th quarter worth approximately $26,000. Jane Street Group LLC increased its holdings in Franklin FTSE Eurozone ETF by 17.4% in the second 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 during the period. Addison Advisors LLC acquired a new stake in Franklin FTSE Eurozone ETF in the second quarter valued at $68,000. Measured Wealth Private Client Group LLC bought a new position in Franklin FTSE Eurozone ETF during the 3rd quarter worth $81,000. Finally, Hedeker Wealth LLC bought a new stake in shares of Franklin FTSE Eurozone ETF in the 2nd quarter valued at about $208,000.

Franklin FTSE Eurozone ETF Stock Down 0.9%

Shares of NYSEARCA:FLEU traded down $0.30 during midday trading on Friday, reaching $34.54. The company had a trading volume of 13,143 shares, compared to its average volume of 14,382. Franklin FTSE Eurozone ETF has a 1-year low of $23.50 and a 1-year high of $35.26. The stock has a market cap of $62.17 million, a PE ratio of 16.43 and a beta of 0.75. The business’s 50 day moving average price is $33.43 and its 200 day moving average price is $32.26.

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.