Volume spike lifts FLES.SW to CHF25.568 on SIX 17 Feb 2026: note liquidity

A sharp intraday volume spike pushed FLES.SW stock to CHF25.568 on the SIX exchange on 17 Feb 2026. We saw 8,000 shares trade versus an average 193, giving a relative volume of 41.45 and signalling a sudden liquidity shift for Franklin Liberty Euro Short Maturity UCITS ETF. Traders should view this as a short-maturity cash management signal rather than an equity-style rally. We examine price action, yield metrics, Meyka AI grading and realistic price targets for the intraday move.