Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Sees Significant Decline in Short Interest

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 103,654 shares, a decrease of 73.0% from the August 31st total of 383,631 shares. Based on an average daily trading volume, of 1,056,976 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Franklin International Low Volatility High Dividend Index ETF

A number of institutional investors have recently bought and sold shares of LVHI. Torren Management LLC acquired a new position in shares of Franklin International Low Volatility High Dividend Index ETF in the first quarter valued at approximately $33,000. Parallel Advisors LLC raised its position in shares of Franklin International Low Volatility High Dividend Index ETF by 275.5% in the 1st quarter. Parallel Advisors LLC now owns 1,363 shares of the company’s stock valued at $55,000 after buying an additional 1,000 shares in the last quarter. Sound Income Strategies LLC acquired a new position in Franklin International Low Volatility High Dividend Index ETF during the first quarter valued at approximately $119,000. Bank of New York Mellon Corp acquired a new position in shares of Franklin International Low Volatility High Dividend Index ETF during the 1st quarter worth $267,000. Finally, AdvisorNet Financial Inc lifted its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 11.4% in the first quarter. AdvisorNet Financial Inc now owns 13,920 shares of the company’s stock worth $564,000 after acquiring an additional 1,420 shares during the last quarter.

Franklin International Low Volatility High Dividend Index ETF Price Performance

Shares of BATS LVHI opened at $42.36 on Friday. The business has a 50-day moving average of $42.65 and a 200-day moving average of $41.39. The stock has a market capitalization of $3.60 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45. Franklin International Low Volatility High Dividend Index ETF has a fifty-two week low of $34.51 and a fifty-two week high of $43.35.

About Franklin International Low Volatility High Dividend Index ETF

The Franklin International Low Volatility High Dividend Index ETF (LVHI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an all-cap index of developed ex-US stocks, selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility. LVHI was launched on Jul 27, 2016 and is managed by Franklin Templeton.