Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Short Interest Up 26.9% in December

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 24,334 shares, a growth of 26.9% from the December 15th total of 19,169 shares. Based on an average daily trading volume, of 13,221 shares, the short-interest ratio is currently 1.8 days. Currently, 1.6% of the shares of the company are sold short. Currently, 1.6% of the shares of the company are sold short. Based on an average daily trading volume, of 13,221 shares, the short-interest ratio is currently 1.8 days.

Institutional Trading of Franklin FTSE Switzerland ETF

A number of institutional investors and hedge funds have recently made changes to their positions in FLSW. Marotta Asset Management increased its holdings in shares of Franklin FTSE Switzerland ETF by 8.2% during the 3rd quarter. Marotta Asset Management now owns 260,442 shares of the company’s stock valued at $10,094,000 after acquiring an additional 19,724 shares during the last quarter. SSA Swiss Advisors AG boosted its position in Franklin FTSE Switzerland ETF by 2.6% during the second quarter. SSA Swiss Advisors AG now owns 28,820 shares of the company’s stock worth $1,121,000 after purchasing an additional 720 shares during the period. Envestnet Asset Management Inc. boosted its position in Franklin FTSE Switzerland ETF by 8.2% during the second quarter. Envestnet Asset Management Inc. now owns 22,811 shares of the company’s stock worth $865,000 after purchasing an additional 1,724 shares during the period. Innealta Capital LLC grew its holdings in Franklin FTSE Switzerland ETF by 0.5% during the second quarter. Innealta Capital LLC now owns 65,646 shares of the company’s stock valued at $2,490,000 after purchasing an additional 297 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of Franklin FTSE Switzerland ETF by 48.1% in the third quarter. Raymond James Financial Inc. now owns 6,361 shares of the company’s stock valued at $244,000 after purchasing an additional 2,065 shares during the period.

Franklin FTSE Switzerland ETF Trading Down 0.1%

FLSW traded down $0.06 on Monday, hitting $41.78. 4,445 shares of the company’s stock were exchanged, compared to its average volume of 8,677. Franklin FTSE Switzerland ETF has a twelve month low of $31.87 and a twelve month high of $42.15. The stock has a fifty day moving average of $40.67 and a two-hundred day moving average of $39.16. The firm has a market cap of $62.67 million, a PE ratio of 207.02 and a beta of 0.80.

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.