Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Sees Large Decline in Short Interest

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 34,367 shares, a decrease of 71.5% from the August 15th total of 120,419 shares. Based on an average trading volume of 259,150 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Franklin International Core Dividend Tilt Index ETF

A number of hedge funds have recently modified their holdings of the business. Bank of America Corp DE increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 138.4% during the 2nd quarter. Bank of America Corp DE now owns 1,519,906 shares of the company’s stock worth $54,169,000 after purchasing an additional 882,367 shares during the last quarter. Retirement Planning Group LLC lifted its position in Franklin International Core Dividend Tilt Index ETF by 14.0% in the first quarter. Retirement Planning Group LLC now owns 5,659,717 shares of the company’s stock valued at $225,313,000 after buying an additional 695,595 shares during the last quarter. Franklin Resources Inc. lifted its position in Franklin International Core Dividend Tilt Index ETF by 1,272.1% in the third quarter. Franklin Resources Inc. now owns 562,076 shares of the company’s stock valued at $20,971,000 after buying an additional 521,110 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in Franklin International Core Dividend Tilt Index ETF by 801.0% during the second quarter. Orion Porfolio Solutions LLC now owns 413,451 shares of the company’s stock worth $14,735,000 after buying an additional 367,565 shares during the period. Finally, LPL Financial LLC boosted its stake in Franklin International Core Dividend Tilt Index ETF by 5.4% during the fourth quarter. LPL Financial LLC now owns 4,659,366 shares of the company’s stock worth $181,203,000 after buying an additional 240,799 shares during the period.

Franklin International Core Dividend Tilt Index ETF Trading Down 0.7%

Franklin International Core Dividend Tilt Index ETF stock traded down $0.32 during mid-day trading on Monday, hitting $43.80. The company’s stock had a trading volume of 93,509 shares, compared to its average volume of 211,185. The stock’s fifty day moving average is $43.77 and its two-hundred day moving average is $42.55. The firm has a market capitalization of $2.72 billion, a PE ratio of 14.82 and a beta of 0.68. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $36.59 and a 1 year high of $44.89.

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.