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

Franklin FTSE Europe ETF (NYSEARCA:FLEE) saw 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,691 shares, the days-to-cover ratio is currently 0.1 days.

Franklin FTSE Europe ETF Price Performance

FLEE stock traded down $1.26 during trading on Friday, reaching $37.88. 5,804 shares of the company were exchanged, compared to its average volume of 17,012. The company has a market capitalization of $113.64 million, a price-to-earnings ratio of 16.76 and a beta of 0.82. The company has a 50-day moving average of $38.69 and a two-hundred day moving average of $37.89. Franklin FTSE Europe ETF has a twelve month low of $32.55 and a twelve month high of $39.86.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FLEE. Raymond James Financial Inc. bought a new position in shares of Franklin FTSE Europe ETF in the 2nd quarter valued at $140,000. Vident Advisory LLC bought a new stake in Franklin FTSE Europe ETF during the 2nd quarter worth $231,000. Kestra Private Wealth Services LLC increased its holdings in Franklin FTSE Europe ETF by 8.7% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 7,210 shares of the company’s stock worth $250,000 after purchasing an additional 576 shares in the last quarter. Susquehanna International Group LLP acquired a new position in Franklin FTSE Europe ETF in the 3rd quarter worth about $589,000. Finally, Fifth Third Bancorp bought a new position in Franklin FTSE Europe ETF in the first quarter valued at about $691,000.

About Franklin FTSE Europe ETF

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.