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

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 3,400 shares, a decrease of 33.3% from the September 30th total of 5,100 shares. Based on an average daily volume of 4,900 shares, the short-interest ratio is currently 0.7 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 4,900 shares, the short-interest ratio is currently 0.7 days.

Franklin FTSE Switzerland ETF Stock Performance

Shares of NYSEARCA:FLSW traded down $0.05 during trading on Tuesday, reaching $38.13. The company had a trading volume of 1,444 shares, compared to its average volume of 8,470. The firm’s fifty day moving average is $38.76 and its 200 day moving average is $38.06. The firm has a market capitalization of $57.19 million, a PE ratio of 188.92 and a beta of 0.80. Franklin FTSE Switzerland ETF has a twelve month low of $31.84 and a twelve month high of $40.25.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. bought a new stake in shares of Franklin FTSE Switzerland ETF in the 1st quarter valued at approximately $753,000. SSA Swiss Advisors AG acquired a new position in shares of Franklin FTSE Switzerland ETF during the first quarter worth approximately $1,004,000. Flow Traders U.S. LLC acquired a new position in shares of Franklin FTSE Switzerland ETF in the first quarter valued at $3,179,000. Jane Street Group LLC acquired a new position in shares of Franklin FTSE Switzerland ETF in the first quarter valued at $2,343,000. Finally, Innealta Capital LLC grew its position in Franklin FTSE Switzerland ETF by 0.5% in the second quarter. Innealta Capital LLC now owns 65,646 shares of the company’s stock valued at $2,490,000 after acquiring an additional 297 shares during the period.

Franklin FTSE Switzerland ETF Company Profile

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.