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

Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV) saw a large decline in short interest in February. As of February 27th, there was short interest totaling 2,615 shares, a decline of 48.0% from the February 12th total of 5,029 shares. Based on an average daily trading volume, of 4,641 shares, the short-interest ratio is currently 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 trading volume, of 4,641 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers purchased a new position in Franklin U.S. Dividend Multiplier Index ETF in the 2nd quarter valued at $4,247,000. Envestnet Asset Management Inc. purchased a new stake in shares of Franklin U.S. Dividend Multiplier Index ETF during the second quarter worth $5,094,000. Franklin Resources Inc. acquired a new stake in shares of Franklin U.S. Dividend Multiplier Index ETF in the fourth quarter valued at about $15,625,000. Ameritas Advisory Services LLC acquired a new stake in shares of Franklin U.S. Dividend Multiplier Index ETF in the fourth quarter valued at about $294,000. Finally, Invested Advisors purchased a new position in shares of Franklin U.S. Dividend Multiplier Index ETF in the fourth quarter worth about $556,000.

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

Shares of Franklin U.S. Dividend Multiplier Index ETF stock traded down $0.21 during mid-day trading on Thursday, reaching $28.21. 7,991 shares of the stock traded hands, compared to its average volume of 5,602. The stock has a market capitalization of $57.83 million, a PE ratio of 14.08 and a beta of -1.16. The business has a 50-day moving average of $28.29 and a 200 day moving average of $27.13. 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.

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.