Franklin FTSE Europe ETF (NYSEARCA:FLEE) Short Interest Update

Franklin FTSE Europe ETF (NYSEARCA:FLEE) was the recipient of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 26,651 shares, a decrease of 71.5% from the February 26th total of 93,641 shares. Based on an average daily trading volume, of 18,104 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.8% of the company’s stock are sold short. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 18,104 shares, the days-to-cover ratio is presently 1.5 days.

Franklin FTSE Europe ETF Stock Up 1.4%

Shares of FLEE traded up $0.49 during mid-day trading on Wednesday, hitting $35.97. The stock had a trading volume of 4,757 shares, compared to its average volume of 21,383. Franklin FTSE Europe ETF has a fifty-two week low of $27.41 and a fifty-two week high of $39.86. The company has a market cap of $115.10 million, a PE ratio of 16.76 and a beta of 0.90. The company’s fifty day simple moving average is $37.95 and its two-hundred day simple moving average is $36.42.

Hedge Funds Weigh In On Franklin FTSE Europe ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Kestra Private Wealth Services LLC lifted its holdings in Franklin FTSE Europe ETF by 4.0% in the fourth quarter. Kestra Private Wealth Services LLC now owns 7,498 shares of the company’s stock worth $274,000 after acquiring an additional 288 shares during the last quarter. Treasure Coast Financial Planning grew its holdings 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 purchasing an additional 1,295 shares during the last quarter. LPL Financial LLC grew 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. Raymond James Financial Inc. acquired a new stake in shares of Franklin FTSE Europe ETF during the 2nd quarter worth approximately $140,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Franklin FTSE Europe ETF by 8.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 54,664 shares of the company’s stock worth $1,831,000 after purchasing an additional 4,395 shares during the period.

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.