Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Short Interest Down 81.4% in June

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 300 shares, a drop of 81.4% from the May 31st total of 1,617 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 7,528 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Franklin FTSE Switzerland ETF

Large investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in Franklin FTSE Switzerland ETF in the first quarter valued at about $2,343,000. Quantinno Capital Management LP lifted its holdings in shares of Franklin FTSE Switzerland ETF by 21.2% in the second quarter. Quantinno Capital Management LP now owns 28,967 shares of the company’s stock worth $1,099,000 after acquiring an additional 5,066 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Franklin FTSE Switzerland ETF in the 2nd quarter valued at approximately $163,000. Bank of America Corp DE boosted its stake in shares of Franklin FTSE Switzerland ETF by 2,165.4% in the 2nd quarter. Bank of America Corp DE now owns 7,861 shares of the company’s stock valued at $298,000 after purchasing an additional 7,514 shares in the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of Franklin FTSE Switzerland ETF by 13.4% during the 2nd quarter. Corient Private Wealth LLC now owns 46,330 shares of the company’s stock valued at $1,758,000 after purchasing an additional 5,477 shares during the last quarter.

Franklin FTSE Switzerland ETF Trading Down 2.6%

NYSEARCA FLSW traded down $1.14 on Friday, hitting $43.15. 4,985 shares of the company’s stock were exchanged, compared to its average volume of 12,142. The stock has a 50-day moving average of $42.90 and a 200-day moving average of $42.31. The stock has a market cap of $81.98 million, a price-to-earnings ratio of 213.80 and a beta of 0.77. Franklin FTSE Switzerland ETF has a 52 week low of $36.03 and a 52 week high of $45.33.

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.