Short Interest in Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Rises By 592.8%

by · The Cerbat Gem

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW – Get Free Report) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 19,169 shares, an increase of 592.8% from the November 30th total of 2,767 shares. Based on an average daily volume of 4,762 shares, the short-interest ratio is presently 4.0 days. Currently, 1.3% of the shares of the stock are sold short. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily volume of 4,762 shares, the short-interest ratio is presently 4.0 days.

Hedge Funds Weigh In On Franklin FTSE Switzerland ETF

Several hedge funds have recently made changes to their positions in FLSW. Innealta Capital LLC raised its holdings in shares of Franklin FTSE Switzerland ETF by 0.5% in the 2nd quarter. Innealta Capital LLC now owns 65,646 shares of the company’s stock worth $2,490,000 after purchasing an additional 297 shares in the last quarter. Flow Traders U.S. LLC grew its position in Franklin FTSE Switzerland ETF by 1.5% in the third quarter. Flow Traders U.S. LLC now owns 24,494 shares of the company’s stock worth $939,000 after buying an additional 368 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Franklin FTSE Switzerland ETF by 3.1% in the third quarter. Envestnet Asset Management Inc. now owns 23,514 shares of the company’s stock valued at $902,000 after buying an additional 703 shares in the last quarter. SSA Swiss Advisors AG increased its holdings in shares of Franklin FTSE Switzerland ETF by 2.6% in the second quarter. SSA Swiss Advisors AG now owns 28,820 shares of the company’s stock valued at $1,121,000 after buying an additional 720 shares in the last quarter. Finally, Millstone Evans Group LLC lifted its position in shares of 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 during the last quarter.

Franklin FTSE Switzerland ETF Price Performance

FLSW stock traded up $0.06 during mid-day trading on Thursday, reaching $41.83. 5,341 shares of the company’s stock were exchanged, compared to its average volume of 8,120. The stock’s 50 day moving average is $39.72 and its 200 day moving average is $38.68. The company has a market cap of $62.75 million, a price-to-earnings ratio of 207.26 and a beta of 0.80. Franklin FTSE Switzerland ETF has a 12-month low of $31.84 and a 12-month high of $41.86.

About Franklin FTSE Switzerland ETF

(Get Free Report)

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.

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