Short Interest in Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Drops By 82.2%

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 4,335 shares, a decline of 82.2% from the December 31st total of 24,334 shares. Based on an average daily volume of 9,160 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 9,160 shares, the days-to-cover ratio is presently 0.5 days.

Franklin FTSE Switzerland ETF Stock Up 1.9%

Franklin FTSE Switzerland ETF stock traded up $0.82 during midday trading on Thursday, reaching $43.14. 12,930 shares of the stock traded hands, compared to its average volume of 12,591. The stock has a market cap of $69.02 million, a P/E ratio of 213.75 and a beta of 0.80. The stock’s fifty day moving average is $41.18 and its 200-day moving average is $39.40. Franklin FTSE Switzerland ETF has a 12 month low of $31.87 and a 12 month high of $43.34.

Institutional Investors Weigh In On Franklin FTSE Switzerland ETF

Large investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in Franklin FTSE Switzerland ETF during the first quarter valued at $2,343,000. Marotta Asset Management increased its holdings in shares of Franklin FTSE Switzerland ETF by 8.2% in the 3rd quarter. Marotta Asset Management now owns 260,442 shares of the company’s stock worth $10,094,000 after buying an additional 19,724 shares during the last quarter. Menora Mivtachim Holdings LTD. bought a new stake in shares of Franklin FTSE Switzerland ETF in the 3rd quarter worth about $583,000. Bank of America Corp DE raised its position in shares of Franklin FTSE Switzerland ETF by 2,165.4% during the 2nd quarter. Bank of America Corp DE now owns 7,861 shares of the company’s stock valued at $298,000 after buying an additional 7,514 shares in the last quarter. Finally, North Capital Inc. bought a new position in shares of Franklin FTSE Switzerland ETF in the 3rd quarter valued at about $215,000.

About Franklin FTSE Switzerland ETF

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.