Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Short Interest Update

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 5,047 shares, a drop of 89.9% from the February 26th total of 49,747 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 23,857 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 23,857 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Trading of Franklin FTSE Switzerland ETF

A number of hedge funds and other institutional investors have recently modified their holdings of FLSW. Jane Street Group LLC acquired a new position in shares of Franklin FTSE Switzerland ETF in the first quarter worth about $2,343,000. EP Wealth Advisors LLC purchased a new stake in Franklin FTSE Switzerland ETF during the 4th quarter worth approximately $2,325,000. Marotta Asset Management increased its holdings in Franklin FTSE Switzerland ETF by 8.2% during the 3rd quarter. Marotta Asset Management now owns 260,442 shares of the company’s stock worth $10,094,000 after purchasing an additional 19,724 shares during the last quarter. Menora Mivtachim Holdings LTD. acquired a new position in shares of Franklin FTSE Switzerland ETF in the 3rd quarter valued at approximately $583,000. Finally, Bank of America Corp DE raised its position in shares of Franklin FTSE Switzerland ETF by 2,165.4% in the 2nd quarter. Bank of America Corp DE now owns 7,861 shares of the company’s stock valued at $298,000 after purchasing an additional 7,514 shares in the last quarter.

Franklin FTSE Switzerland ETF Price Performance

Franklin FTSE Switzerland ETF stock traded up $0.67 during midday trading on Wednesday, hitting $40.28. 3,900 shares of the stock were exchanged, compared to its average volume of 17,965. Franklin FTSE Switzerland ETF has a 1 year low of $31.87 and a 1 year high of $45.33. The firm has a market cap of $64.45 million, a P/E ratio of 199.58 and a beta of 0.80. The company has a 50 day moving average price of $42.65 and a two-hundred day moving average price of $40.74.

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.