Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Short Interest Up 52.0% in May

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) saw a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 3,800 shares, a growth of 52.0% from the May 15th total of 2,500 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 14,200 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Quantinno Capital Management LP raised its position in Franklin FTSE Switzerland ETF by 3.0% during the 4th quarter. Quantinno Capital Management LP now owns 23,224 shares of the company’s stock worth $742,000 after buying an additional 685 shares during the last quarter. Compagnie Lombard Odier SCmA raised its holdings in shares of Franklin FTSE Switzerland ETF by 60.0% during the first quarter. Compagnie Lombard Odier SCmA now owns 4,000 shares of the company’s stock worth $143,000 after purchasing an additional 1,500 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of Franklin FTSE Switzerland ETF by 7.4% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 31,824 shares of the company’s stock worth $1,122,000 after purchasing an additional 2,198 shares during the last quarter. Vivaldi Capital Management LP purchased a new position in shares of Franklin FTSE Switzerland ETF during the fourth quarter worth $232,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Franklin FTSE Switzerland ETF during the 4th quarter valued at about $269,000.

Franklin FTSE Switzerland ETF Price Performance

Shares of FLSW stock opened at $37.71 on Wednesday. The firm has a market capitalization of $52.79 million, a price-to-earnings ratio of 24.93 and a beta of 0.80. The business has a fifty day moving average of $37.29 and a 200 day moving average of $35.32. Franklin FTSE Switzerland ETF has a 1 year low of $31.84 and a 1 year high of $38.98.

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.