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

Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV) saw a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 2,615 shares, a drop of 48.0% from the February 12th total of 5,029 shares. Based on an average daily volume of 4,641 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 4,641 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Franklin U.S. Dividend Multiplier Index ETF

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

Franklin U.S. Dividend Multiplier Index ETF Stock Down 0.7%

Shares of XUDV stock traded down $0.21 during trading hours on Thursday, hitting $28.21. 7,991 shares of the company’s stock were exchanged, compared to its average volume of 5,602. Franklin U.S. Dividend Multiplier Index ETF has a fifty-two week low of $21.47 and a fifty-two week high of $29.38. The firm has a market cap of $57.83 million, a P/E ratio of 14.08 and a beta of -1.16. The firm has a 50 day moving average of $28.29 and a two-hundred day moving average of $27.13.

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.