Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Short Interest Update

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 25,768 shares, a drop of 77.7% from the July 15th total of 115,637 shares. Based on an average daily trading volume, of 130,431 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Franklin International Core Dividend Tilt Index ETF Stock Up 0.2%

Shares of NYSEARCA DIVI traded up $0.08 during midday trading on Friday, hitting $44.78. 79,646 shares of the company’s stock were exchanged, compared to its average volume of 211,512. The firm has a market capitalization of $2.78 billion, a PE ratio of 14.82 and a beta of 0.68. Franklin International Core Dividend Tilt Index ETF has a 12 month low of $36.15 and a 12 month high of $44.88. The company’s 50 day moving average price is $43.18 and its 200 day moving average price is $42.20.

Institutional Trading of Franklin International Core Dividend Tilt Index ETF

Several hedge funds and other institutional investors have recently modified their holdings of DIVI. D.A. Davidson & CO. increased its position in Franklin International Core Dividend Tilt Index ETF by 160.4% during the fourth quarter. D.A. Davidson & CO. now owns 32,374 shares of the company’s stock worth $1,259,000 after acquiring an additional 19,942 shares during the period. CWM LLC grew its position in shares of Franklin International Core Dividend Tilt Index ETF by 14.2% during the 4th quarter. CWM LLC now owns 1,244,471 shares of the company’s stock worth $48,397,000 after purchasing an additional 154,297 shares in the last quarter. Retirement Planning Group LLC grew its position in shares of Franklin International Core Dividend Tilt Index ETF by 3.7% during the 4th quarter. Retirement Planning Group LLC now owns 4,964,122 shares of the company’s stock worth $193,055,000 after purchasing an additional 179,390 shares in the last quarter. Thrivent Financial for Lutherans bought a new position in shares of Franklin International Core Dividend Tilt Index ETF during the fourth quarter worth approximately $5,560,000. Finally, Bank of New York Mellon Corp raised its position in shares of Franklin International Core Dividend Tilt Index ETF by 23.2% in the first quarter. Bank of New York Mellon Corp now owns 452,005 shares of the company’s stock valued at $17,994,000 after buying an additional 85,159 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Company Profile

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.