Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) Short Interest Up 220.2% in May

Franklin FTSE Switzerland ETF (NYSEARCA:FLSW) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,617 shares, a growth of 220.2% from the May 14th total of 505 shares. Based on an average trading volume of 2,796 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

Franklin FTSE Switzerland ETF Stock Up 2.9%

Shares of FLSW opened at $43.47 on Friday. Franklin FTSE Switzerland ETF has a 12-month low of $36.03 and a 12-month high of $45.33. The firm has a market capitalization of $82.59 million, a price-to-earnings ratio of 215.39 and a beta of 0.77. The stock’s 50-day moving average price is $42.50 and its 200 day moving average price is $42.05.

Institutional Investors Weigh In On Franklin FTSE Switzerland ETF

Large investors have recently modified their holdings of the stock. Royal Bank of Canada bought a new stake in shares of Franklin FTSE Switzerland ETF in the 1st quarter valued at approximately $50,000. Sankala Group LLC acquired a new position in Franklin FTSE Switzerland ETF during the 4th quarter worth $163,000. Millstone Evans Group LLC lifted its holdings in Franklin FTSE Switzerland ETF by 115.8% during the 1st quarter. Millstone Evans Group LLC now owns 3,960 shares of the company’s stock worth $161,000 after buying an additional 2,125 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Franklin FTSE Switzerland ETF during the 2nd quarter worth $163,000. Finally, Bank of America Corp DE lifted its holdings in Franklin FTSE Switzerland ETF by 2,165.4% during the 2nd quarter. Bank of America Corp DE now owns 7,861 shares of the company’s stock worth $298,000 after buying an additional 7,514 shares in 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.