Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV) Short Interest Update

Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 5,477 shares, a growth of 1,125.3% from the January 15th total of 447 shares. Based on an average daily volume of 7,755 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 7,755 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Franklin U.S. Dividend Multiplier Index ETF

A number of hedge funds have recently modified their holdings of the stock. Ameritas Advisory Services LLC acquired a new position in Franklin U.S. Dividend Multiplier Index ETF in the 4th quarter valued at about $294,000. Invested Advisors bought a new stake in shares of Franklin U.S. Dividend Multiplier Index ETF during the fourth quarter worth approximately $556,000. Cetera Investment Advisers bought a new stake in shares of Franklin U.S. Dividend Multiplier Index ETF during the second quarter worth approximately $4,247,000. Envestnet Asset Management Inc. acquired a new position in shares of Franklin U.S. Dividend Multiplier Index ETF in the second quarter valued at approximately $5,094,000. Finally, Franklin Resources Inc. bought a new position in shares of Franklin U.S. Dividend Multiplier Index ETF during the fourth quarter worth approximately $15,625,000.

Franklin U.S. Dividend Multiplier Index ETF Trading Down 1.4%

Shares of XUDV traded down $0.40 during mid-day trading on Thursday, reaching $28.87. The company’s stock had a trading volume of 3,790 shares, compared to its average volume of 6,617. Franklin U.S. Dividend Multiplier Index ETF has a 1-year low of $21.47 and a 1-year high of $29.29. The business has a 50-day simple moving average of $27.45 and a two-hundred day simple moving average of $26.72. The stock has a market cap of $59.18 million, a P/E ratio of 14.08 and a beta of -1.16.

About Franklin U.S. Dividend Multiplier Index ETF

The Franklin U.S. Dividend Multiplier Index ETF (XUDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of US large-cap companies that employs an optimizer aimed to deliver high dividend yield balanced against volatility. XUDV was launched on Jan 21, 2025 and is issued by Franklin Templeton.