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

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

Institutional Trading of Franklin FTSE Switzerland ETF

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new position in Franklin FTSE Switzerland ETF during the 1st quarter valued at about $2,343,000. EP Wealth Advisors LLC purchased a new stake in shares of Franklin FTSE Switzerland ETF in the fourth quarter worth about $2,325,000. Tulsa Wealth Advisors INC bought a new position in shares of Franklin FTSE Switzerland ETF in the second quarter valued at approximately $5,924,000. Bank of America Corp DE boosted its position in shares of Franklin FTSE Switzerland ETF by 2,165.4% in the second 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 during the period. Finally, Corient Private Wealth LLC grew its stake in Franklin FTSE Switzerland ETF by 13.4% during the second quarter. Corient Private Wealth LLC now owns 46,330 shares of the company’s stock valued at $1,758,000 after acquiring an additional 5,477 shares in the last quarter.

Franklin FTSE Switzerland ETF Price Performance

NYSEARCA:FLSW opened at $44.85 on Wednesday. Franklin FTSE Switzerland ETF has a 1 year low of $37.31 and a 1 year high of $45.33. The stock’s fifty day moving average price is $43.73 and its two-hundred day moving average price is $42.93. The company has a market cap of $85.22 million, a P/E ratio of 222.23 and a beta of 0.76.

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.