Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Sees Significant Growth in Short Interest

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 24,334 shares, a growth of 26.9% from the December 15th total of 19,169 shares. Approximately 1.6% of the company’s shares are sold short. Based on an average trading volume of 13,221 shares, the days-to-cover ratio is presently 1.8 days. Based on an average trading volume of 13,221 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.6% of the company’s shares are sold short.

Franklin FTSE Switzerland ETF Trading Down 0.1%

NYSEARCA FLSW opened at $41.78 on Tuesday. The company has a market capitalization of $62.67 million, a PE ratio of 207.02 and a beta of 0.80. Franklin FTSE Switzerland ETF has a 1-year low of $31.87 and a 1-year high of $42.15. The firm’s fifty day simple moving average is $40.72 and its 200-day simple moving average is $39.18.

Hedge Funds Weigh In On Franklin FTSE Switzerland ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Marotta Asset Management lifted its stake in shares of Franklin FTSE Switzerland ETF by 8.2% in the 3rd 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 period. SSA Swiss Advisors AG increased its position in shares of Franklin FTSE Switzerland ETF by 2.6% during the second quarter. SSA Swiss Advisors AG now owns 28,820 shares of the company’s stock worth $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 raised its holdings in shares of Franklin FTSE Switzerland ETF by 0.5% in the second quarter. Innealta Capital LLC now owns 65,646 shares of the company’s stock valued at $2,490,000 after purchasing an additional 297 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Franklin FTSE Switzerland ETF by 48.1% during the 3rd quarter. Raymond James Financial Inc. now owns 6,361 shares of the company’s stock worth $244,000 after buying an additional 2,065 shares during 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.