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

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 47,523 shares, an increase of 76.5% from the August 31st total of 26,923 shares. Currently, 2.5% of the shares of the company are sold short. Based on an average daily volume of 7,703 shares, the days-to-cover ratio is presently 6.2 days.

Franklin FTSE Switzerland ETF Stock Down 0.7%

FLSW traded down $0.27 during trading on Tuesday, reaching $41.25. 11,311 shares of the company’s stock were exchanged, compared to its average volume of 10,511. The company has a market capitalization of $78.38 million, a P/E ratio of 204.39 and a beta of 0.76. The business has a 50 day moving average price of $43.27 and a 200 day moving average price of $42.72. Franklin FTSE Switzerland ETF has a fifty-two week low of $37.94 and a fifty-two week high of $45.33.

Institutional Trading of Franklin FTSE Switzerland ETF

Several institutional investors have recently made changes to their positions in FLSW. Royal Bank of Canada bought a new position in Franklin FTSE Switzerland ETF during the first quarter worth about $50,000. Quantinno Capital Management LP grew its stake in shares of Franklin FTSE Switzerland ETF by 4.7% in the 1st quarter. Quantinno Capital Management LP now owns 26,918 shares of the company’s stock valued at $1,092,000 after purchasing an additional 1,209 shares during the period. North Capital Inc. grew its stake in shares of Franklin FTSE Switzerland ETF by 61.9% in the 1st quarter. North Capital Inc. now owns 9,064 shares of the company’s stock valued at $368,000 after purchasing an additional 3,464 shares during the period. Millstone Evans Group LLC raised its holdings in shares of Franklin FTSE Switzerland ETF by 115.8% in the 1st quarter. Millstone Evans Group LLC now owns 3,960 shares of the company’s stock worth $161,000 after buying an additional 2,125 shares in the last quarter. Finally, Sankala Group LLC acquired a new position in shares of Franklin FTSE Switzerland ETF in the 4th quarter worth approximately $163,000.

Franklin FTSE Switzerland ETF Company Profile

(Get Free Report)

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.

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