Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Short Interest Up 450.0% in June

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,650 shares, an increase of 450.0% from the June 15th total of 300 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 9,743 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Marotta Asset Management boosted its stake in shares of Franklin FTSE Switzerland ETF by 0.4% in the fourth quarter. Marotta Asset Management now owns 261,537 shares of the company’s stock valued at $10,849,000 after buying an additional 1,095 shares during the period. PGIM Custom Harvest LLC raised its holdings in Franklin FTSE Switzerland ETF by 1.8% in the 3rd quarter. PGIM Custom Harvest LLC now owns 189,951 shares of the company’s stock valued at $7,285,000 after acquiring an additional 3,350 shares in the last quarter. Jane Street Group LLC acquired a new position in Franklin FTSE Switzerland ETF in the 1st quarter valued at $2,343,000. EP Wealth Advisors LLC bought a new stake in shares of Franklin FTSE Switzerland ETF during the 4th quarter valued at $2,325,000. Finally, Corient Private Wealth LLC lifted its position 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 acquiring an additional 5,477 shares during the period.

Franklin FTSE Switzerland ETF Stock Performance

NYSEARCA:FLSW traded down $0.43 during mid-day trading on Monday, reaching $43.11. 7,508 shares of the company’s stock were exchanged, compared to its average volume of 11,665. Franklin FTSE Switzerland ETF has a one year low of $36.03 and a one year high of $45.33. The business’s fifty day simple moving average is $43.16 and its two-hundred day simple moving average is $42.54. The firm has a market capitalization of $81.91 million, a PE ratio of 213.61 and a beta of 0.77.

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.