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

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,650 shares, an increase of 450.0% from the June 15th total of 300 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 9,743 shares, the short-interest ratio is presently 0.2 days.

Franklin FTSE Switzerland ETF Price Performance

Shares of NYSEARCA:FLSW traded up $0.04 during midday trading on Friday, hitting $43.54. The company had a trading volume of 4,779 shares, compared to its average volume of 11,698. Franklin FTSE Switzerland ETF has a twelve month low of $36.03 and a twelve month high of $45.33. The stock has a market cap of $82.73 million, a price-to-earnings ratio of 215.74 and a beta of 0.77. The business’s 50-day simple moving average is $43.16 and its 200-day simple moving average is $42.53.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FLSW. Jane Street Group LLC acquired a new stake in Franklin FTSE Switzerland ETF during the first quarter worth about $2,343,000. EP Wealth Advisors LLC acquired a new position in shares of Franklin FTSE Switzerland ETF in the 4th quarter valued at $2,325,000. Menora Mivtachim Holdings LTD. purchased a new position in shares of Franklin FTSE Switzerland ETF during the 3rd quarter worth $583,000. Bank of America Corp DE grew its holdings in shares of Franklin FTSE Switzerland ETF by 2,165.4% during the 2nd quarter. Bank of America Corp DE now owns 7,861 shares of the company’s stock worth $298,000 after purchasing an additional 7,514 shares during the period. Finally, Corient Private Wealth LLC increased its position in shares of Franklin FTSE Switzerland ETF by 13.4% during the 2nd quarter. Corient Private Wealth LLC now owns 46,330 shares of the company’s stock worth $1,758,000 after purchasing an additional 5,477 shares during the last quarter.

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.