Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Sees Significant Drop in Short Interest

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW – Get Free Report) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 25,251 shares, a drop of 46.9% from the September 15th total of 47,523 shares. Based on an average daily trading volume, of 8,940 shares, the short-interest ratio is presently 2.8 days. Approximately 1.3% of the shares of the company are short sold.

Franklin FTSE Switzerland ETF Price Performance

FLSW traded up $0.22 during trading hours on Wednesday, hitting $41.55. 571 shares of the stock were exchanged, compared to its average volume of 10,594. The stock has a 50-day simple moving average of $42.72 and a 200-day simple moving average of $42.77. Franklin FTSE Switzerland ETF has a 12 month low of $37.94 and a 12 month high of $45.33. The stock has a market cap of $83.10 million, a price-to-earnings ratio of 205.76 and a beta of 0.75.

Institutional Trading of Franklin FTSE Switzerland ETF

Several institutional investors have recently added to or reduced their stakes in FLSW. Marotta Asset Management lifted its position in shares of Franklin FTSE Switzerland ETF by 0.6% in the 3rd quarter. Marotta Asset Management now owns 259,165 shares of the company’s stock worth $10,568,000 after buying an additional 1,579 shares during the last quarter. Quantinno Capital Management LP boosted its holdings 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 buying an additional 1,209 shares during the period. North Capital Inc. grew its position in shares of Franklin FTSE Switzerland ETF by 61.9% during the 1st quarter. North Capital Inc. now owns 9,064 shares of the company’s stock valued at $368,000 after buying an additional 3,464 shares during the last quarter. Sankala Group LLC bought a new stake in shares of Franklin FTSE Switzerland ETF during the 4th quarter valued at about $163,000. Finally, Millstone Evans Group LLC raised its stake in Franklin FTSE Switzerland ETF by 115.8% during the first quarter. Millstone Evans Group LLC now owns 3,960 shares of the company’s stock worth $161,000 after acquiring an additional 2,125 shares during the period.

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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