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 in 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 shares of the stock are short sold. Based on an average daily volume of 9,593 shares, the days-to-cover ratio is presently 0.1 days.

Franklin FTSE Switzerland ETF Trading Down 1.1%

Shares of FLSW traded down $0.45 during trading hours on Friday, reaching $42.25. The company had a trading volume of 3,586 shares, compared to its average volume of 13,773. The firm has a 50 day simple moving average of $41.60 and a 200-day simple moving average of $41.50. The company has a market capitalization of $80.28 million, a price-to-earnings ratio of 209.34 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.

Hedge Funds Weigh In On Franklin FTSE Switzerland ETF

A number of large investors have recently made changes to their positions in FLSW. Millstone Evans Group LLC increased its holdings in Franklin FTSE Switzerland ETF by 69.3% during the 3rd quarter. Millstone Evans Group LLC now owns 1,835 shares of the company’s stock valued at $70,000 after acquiring an additional 751 shares in the last quarter. Sankala Group LLC purchased a new position in Franklin FTSE Switzerland ETF during the 4th quarter valued at about $163,000. Raymond James Financial Inc. purchased a new position in Franklin FTSE Switzerland ETF during the 2nd quarter valued at about $163,000. Bank of America Corp DE increased its holdings in 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 acquiring an additional 7,514 shares in the last quarter. Finally, North Capital Inc. increased its holdings in Franklin FTSE Switzerland ETF by 61.9% during the 1st quarter. North Capital Inc. now owns 9,064 shares of the company’s stock valued at $368,000 after acquiring an additional 3,464 shares in 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.