Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Short Interest Update

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 24,334 shares, a growth of 26.9% from the December 15th total of 19,169 shares. Based on an average daily volume of 13,221 shares, the days-to-cover ratio is currently 1.8 days. Currently, 1.6% of the shares of the stock are sold short. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily volume of 13,221 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Investors Weigh In On Franklin FTSE Switzerland ETF

A number of large investors have recently added to or reduced their stakes in the company. Millstone Evans Group LLC raised its position in shares of Franklin FTSE Switzerland ETF by 69.3% in the 3rd quarter. Millstone Evans Group LLC now owns 1,835 shares of the company’s stock worth $70,000 after acquiring an additional 751 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Franklin FTSE Switzerland ETF in the 2nd quarter worth about $163,000. North Capital Inc. bought a new position in shares of Franklin FTSE Switzerland ETF in the 3rd quarter worth about $215,000. Bank of America Corp DE boosted its stake in Franklin FTSE Switzerland ETF by 2,165.4% during the second quarter. Bank of America Corp DE now owns 7,861 shares of the company’s stock worth $298,000 after acquiring an additional 7,514 shares in the last quarter. Finally, Menora Mivtachim Holdings LTD. purchased a new stake in Franklin FTSE Switzerland ETF in the third quarter worth about $583,000.

Franklin FTSE Switzerland ETF Stock Performance

FLSW traded down $0.06 on Friday, hitting $41.78. 4,445 shares of the company were exchanged, compared to its average volume of 8,677. The firm has a fifty day simple moving average of $40.67 and a two-hundred day simple moving average of $39.15. The stock has a market capitalization of $62.67 million, a PE ratio of 207.02 and a beta of 0.80. Franklin FTSE Switzerland ETF has a 12 month low of $31.87 and a 12 month high of $42.15.

About Franklin FTSE Switzerland ETF

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.