Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Sees Large Drop in Short Interest

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 3,692 shares, a drop of 14.8% from the January 15th total of 4,335 shares. Based on an average daily volume of 15,918 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 15,918 shares, the short-interest ratio is currently 0.2 days.

Franklin FTSE Switzerland ETF Trading Up 0.6%

Shares of NYSEARCA FLSW opened at $44.15 on Monday. Franklin FTSE Switzerland ETF has a 1-year low of $31.87 and a 1-year high of $44.23. The company has a market cap of $70.64 million, a PE ratio of 218.76 and a beta of 0.80. The company has a 50-day moving average of $41.99 and a two-hundred day moving average of $39.86.

Institutional Investors Weigh In On Franklin FTSE Switzerland ETF

Institutional investors have recently modified their holdings of the business. Marotta Asset Management increased its holdings in Franklin FTSE Switzerland ETF by 8.2% in the third quarter. Marotta Asset Management now owns 260,442 shares of the company’s stock valued at $10,094,000 after purchasing an additional 19,724 shares during the last quarter. SSA Swiss Advisors AG lifted its position in Franklin FTSE Switzerland ETF by 2.6% in the 2nd quarter. SSA Swiss Advisors AG now owns 28,820 shares of the company’s stock valued at $1,121,000 after acquiring an additional 720 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Franklin FTSE Switzerland ETF by 8.2% in the second quarter. Envestnet Asset Management Inc. now owns 22,811 shares of the company’s stock valued at $865,000 after purchasing an additional 1,724 shares in the last quarter. Innealta Capital LLC boosted its position in shares of Franklin FTSE Switzerland ETF by 0.5% during the second quarter. Innealta Capital LLC now owns 65,646 shares of the company’s stock worth $2,490,000 after buying an additional 297 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of Franklin FTSE Switzerland ETF during the first quarter worth about $2,343,000.

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.