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

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the recipient of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 18,304 shares, an increase of 473.1% from the July 30th total of 3,194 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily volume of 5,826 shares, the days-to-cover ratio is currently 3.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FLSW. Jane Street Group LLC purchased a new stake in Franklin FTSE Switzerland ETF in the first quarter valued at approximately $2,343,000. Quantinno Capital Management LP raised its position in shares of Franklin FTSE Switzerland ETF by 21.2% during the 2nd quarter. Quantinno Capital Management LP now owns 28,967 shares of the company’s stock valued at $1,099,000 after buying an additional 5,066 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Franklin FTSE Switzerland ETF during the 2nd quarter valued at $163,000. Bank of America Corp DE lifted 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 acquiring an additional 7,514 shares during the last quarter. Finally, Corient Private Wealth LLC lifted 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 acquiring an additional 5,477 shares during the last quarter.

Franklin FTSE Switzerland ETF Stock Performance

NYSEARCA:FLSW opened at $44.85 on Wednesday. The firm has a market capitalization of $85.22 million, a price-to-earnings ratio of 222.23 and a beta of 0.76. Franklin FTSE Switzerland ETF has a 52-week low of $37.31 and a 52-week high of $45.33. The stock has a fifty day moving average of $43.73 and a 200 day moving average of $42.93.

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.