Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Sees Large Growth in Short Interest

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 19,169 shares, an increase of 592.8% from the November 30th total of 2,767 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average trading volume of 4,762 shares, the short-interest ratio is presently 4.0 days. Based on an average trading volume of 4,762 shares, the short-interest ratio is presently 4.0 days. Approximately 1.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Franklin FTSE Switzerland ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FLSW. Innealta Capital LLC raised its position in shares of Franklin FTSE Switzerland ETF by 0.5% in the second quarter. Innealta Capital LLC now owns 65,646 shares of the company’s stock valued at $2,490,000 after buying an additional 297 shares during the last quarter. Flow Traders U.S. LLC grew its stake in Franklin FTSE Switzerland ETF by 1.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 24,494 shares of the company’s stock worth $939,000 after acquiring an additional 368 shares during the period. Envestnet Asset Management Inc. raised its holdings in Franklin FTSE Switzerland ETF by 3.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 23,514 shares of the company’s stock valued at $902,000 after acquiring an additional 703 shares during the last quarter. SSA Swiss Advisors AG lifted its stake in shares of Franklin FTSE Switzerland ETF by 2.6% during the 2nd quarter. SSA Swiss Advisors AG now owns 28,820 shares of the company’s stock worth $1,121,000 after purchasing an additional 720 shares during the period. Finally, Millstone Evans Group LLC boosted its holdings in shares of Franklin FTSE Switzerland ETF by 69.3% during the third quarter. Millstone Evans Group LLC now owns 1,835 shares of the company’s stock worth $70,000 after purchasing an additional 751 shares during the last quarter.

Franklin FTSE Switzerland ETF Trading Up 0.3%

FLSW traded up $0.12 on Friday, hitting $41.89. 5,341 shares of the company were exchanged, compared to its average volume of 8,120. Franklin FTSE Switzerland ETF has a twelve month low of $31.84 and a twelve month high of $41.86. The firm has a 50-day moving average price of $39.76 and a two-hundred day moving average price of $38.70. The company has a market cap of $62.84 million, a price-to-earnings ratio of 207.56 and a beta of 0.80.

Franklin FTSE Switzerland ETF Company Profile

The Franklin FTSE Switzerland ETF (FLSW) is an exchange-traded fund that is based on the FTSE Switzerland RIC Capped index, a market-cap-weighted index of Swiss equities, excluding small-caps. FLSW was launched on Feb 6, 2018 and is managed by Franklin Templeton.