Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Short Interest Down 52.5% in April

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 748 shares, a decrease of 52.5% from the April 15th total of 1,575 shares. Based on an average daily trading volume, of 9,593 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Trading of Franklin FTSE Switzerland ETF

Hedge funds have recently modified their holdings of the stock. Millstone Evans Group LLC raised its stake in shares of Franklin FTSE Switzerland ETF by 69.3% in the third quarter. Millstone Evans Group LLC now owns 1,835 shares of the company’s stock valued at $70,000 after acquiring an additional 751 shares in the last quarter. Sankala Group LLC acquired a new stake in shares of Franklin FTSE Switzerland ETF in the fourth quarter valued at $163,000. Raymond James Financial Inc. acquired a new stake in shares of Franklin FTSE Switzerland ETF in the second quarter valued at $163,000. Bank of America Corp DE raised its stake in shares of Franklin FTSE Switzerland ETF by 2,165.4% in the second quarter. Bank of America Corp DE now owns 7,861 shares of the company’s stock valued at $298,000 after acquiring an additional 7,514 shares in the last quarter. Finally, North Capital Inc. raised its stake in shares of Franklin FTSE Switzerland ETF by 61.9% in the first quarter. North Capital Inc. now owns 9,064 shares of the company’s stock valued at $368,000 after acquiring an additional 3,464 shares in the last quarter.

Franklin FTSE Switzerland ETF Stock Down 1.1%

Franklin FTSE Switzerland ETF stock traded down $0.45 during mid-day trading on Friday, reaching $42.25. 3,586 shares of the company’s stock were exchanged, compared to its average volume of 13,773. Franklin FTSE Switzerland ETF has a twelve month low of $36.03 and a twelve month high of $45.33. The company has a market cap of $80.28 million, a P/E ratio of 209.34 and a beta of 0.77. The company has a fifty day moving average of $41.62 and a 200-day moving average of $41.48.

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.