Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Short Interest Down 89.9% in March

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 5,047 shares, a decrease of 89.9% from the February 26th total of 49,747 shares. Based on an average trading volume of 23,857 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 23,857 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FLSW. Flow Traders U.S. LLC raised its holdings in shares of Franklin FTSE Switzerland ETF by 1.5% in the third 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 last quarter. Envestnet Asset Management Inc. raised its stake 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 purchasing an additional 703 shares during the last quarter. Millstone Evans Group LLC raised its stake in 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 valued at $70,000 after purchasing an additional 751 shares during the last quarter. Marotta Asset Management lifted its holdings in Franklin FTSE Switzerland ETF by 0.4% in the 4th quarter. Marotta Asset Management now owns 261,537 shares of the company’s stock valued at $10,849,000 after purchasing an additional 1,095 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in Franklin FTSE Switzerland ETF by 20.7% in the 4th quarter. Jane Street Group LLC now owns 11,421 shares of the company’s stock valued at $474,000 after purchasing an additional 1,955 shares in the last quarter.

Franklin FTSE Switzerland ETF Stock Down 0.5%

Franklin FTSE Switzerland ETF stock traded down $0.18 during mid-day trading on Tuesday, hitting $39.61. The company had a trading volume of 22,631 shares, compared to its average volume of 18,217. Franklin FTSE Switzerland ETF has a 1 year low of $31.87 and a 1 year high of $45.33. The business has a fifty day moving average of $42.65 and a 200 day moving average of $40.74. The stock has a market cap of $63.38 million, a price-to-earnings ratio of 196.26 and a beta of 0.80.

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.