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

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

Institutional Trading of Franklin FTSE Switzerland ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in FLSW. Jane Street Group LLC acquired a new stake in shares of Franklin FTSE Switzerland ETF during the 1st quarter worth approximately $2,343,000. EP Wealth Advisors LLC acquired a new stake in shares of Franklin FTSE Switzerland ETF during the 4th quarter worth approximately $2,325,000. Menora Mivtachim Holdings LTD. acquired a new stake in shares of Franklin FTSE Switzerland ETF during the 3rd quarter worth approximately $583,000. Bank of America Corp DE increased its holdings 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 worth $298,000 after buying an additional 7,514 shares during the last quarter. Finally, Corient Private Wealth LLC increased its holdings in shares of Franklin FTSE Switzerland ETF by 13.4% during the 2nd quarter. Corient Private Wealth LLC now owns 46,330 shares of the company’s stock worth $1,758,000 after buying an additional 5,477 shares during the last quarter.

Franklin FTSE Switzerland ETF Stock Performance

Shares of NYSEARCA FLSW traded down $0.45 during midday trading on Friday, reaching $42.25. 3,586 shares of the stock were exchanged, compared to its average volume of 13,773. The company has a 50 day simple moving average of $41.62 and a 200 day simple moving average of $41.48. The stock has a market capitalization of $80.28 million, a P/E ratio of 209.34 and a beta of 0.77. Franklin FTSE Switzerland ETF has a twelve month low of $36.03 and a twelve month high of $45.33.

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.