Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Short Interest Up 450.0% in June

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,650 shares, a growth of 450.0% from the June 15th total of 300 shares. Based on an average daily volume of 9,743 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Franklin FTSE Switzerland ETF Trading Down 1.0%

NYSEARCA:FLSW traded down $0.43 on Monday, reaching $43.11. 7,508 shares of the stock traded hands, compared to its average volume of 11,665. The company has a market capitalization of $81.91 million, a price-to-earnings ratio of 213.61 and a beta of 0.77. Franklin FTSE Switzerland ETF has a 12 month low of $36.03 and a 12 month high of $45.33. The company’s fifty day simple moving average is $43.16 and its 200 day simple moving average is $42.54.

Institutional Investors Weigh In On Franklin FTSE Switzerland ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Menora Mivtachim Holdings LTD. bought a new position in shares of Franklin FTSE Switzerland ETF during the third quarter valued at $583,000. Jane Street Group LLC increased its holdings in Franklin FTSE Switzerland ETF by 20.7% in the 4th quarter. Jane Street Group LLC now owns 11,421 shares of the company’s stock worth $474,000 after buying an additional 1,955 shares in the last quarter. Flow Traders U.S. LLC raised its position in Franklin FTSE Switzerland ETF by 1.5% in the 3rd quarter. Flow Traders U.S. LLC now owns 24,494 shares of the company’s stock worth $939,000 after buying an additional 368 shares during the last quarter. Raymond James Financial Inc. raised its position in Franklin FTSE Switzerland ETF by 48.1% in the 3rd quarter. Raymond James Financial Inc. now owns 6,361 shares of the company’s stock worth $244,000 after buying an additional 2,065 shares during the last quarter. Finally, Corient Private Wealth LLC raised its position in Franklin FTSE Switzerland ETF by 13.4% in 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 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.