Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) Short Interest Up 2,537.9% in June

Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 115,594 shares, an increase of 2,537.9% from the June 15th total of 4,382 shares. Currently, 10.5% of the company’s stock are short sold. Based on an average trading volume of 2,256 shares, the short-interest ratio is presently 51.2 days.

Franklin International Dividend Multiplier Index ETF Stock Performance

Shares of Franklin International Dividend Multiplier Index ETF stock traded up $0.11 during trading hours on Friday, reaching $36.96. 1,036 shares of the company were exchanged, compared to its average volume of 7,453. The firm has a market cap of $40.66 million, a PE ratio of 12.12 and a beta of 0.11. Franklin International Dividend Multiplier Index ETF has a 1 year low of $30.43 and a 1 year high of $39.00. The stock’s fifty day moving average is $37.74 and its 200 day moving average is $36.57.

Institutional Investors Weigh In On Franklin International Dividend Multiplier Index ETF

Several large investors have recently bought and sold shares of XIDV. Invested Advisors purchased a new position in shares of Franklin International Dividend Multiplier Index ETF in the 4th quarter valued at about $372,000. Susquehanna International Group LLP grew its position in shares of Franklin International Dividend Multiplier Index ETF by 9.1% during the third quarter. Susquehanna International Group LLP now owns 61,674 shares of the company’s stock worth $1,992,000 after buying an additional 5,149 shares in the last quarter. Finally, Franklin Resources Inc. purchased a new stake in shares of Franklin International Dividend Multiplier Index ETF during the fourth quarter worth approximately $28,944,000.

Franklin International Dividend Multiplier Index ETF Company Profile

The Franklin International Dividend Multiplier Index ETF (XIDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of large- and mid-cap companies from developed markets, excluding the US. The fund uses an optimizer that aims for high dividend yield balanced against volatility relative to the broad international equity market. XIDV was launched on Jan 21, 2025 and is issued by Franklin Templeton.