Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Short Interest Update

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 25,768 shares, a decrease of 77.7% from the July 15th total of 115,637 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 130,431 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Franklin International Core Dividend Tilt Index ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Sunbelt Securities Inc. lifted its position in Franklin International Core Dividend Tilt Index ETF by 677.6% in the third quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock worth $25,000 after buying an additional 576 shares during the last quarter. CIBC Private Wealth Group LLC bought a new position in Franklin International Core Dividend Tilt Index ETF during the third quarter valued at $29,000. Johnson Financial Group Inc. purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the first quarter valued at $33,000. Assetmark Inc. raised its stake in shares of Franklin International Core Dividend Tilt Index ETF by 950.0% in the fourth quarter. Assetmark Inc. now owns 945 shares of the company’s stock valued at $37,000 after acquiring an additional 855 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 30.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,082 shares of the company’s stock worth $42,000 after acquiring an additional 250 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Down 0.0%

DIVI traded down $0.01 on Thursday, hitting $44.70. The company had a trading volume of 151,404 shares, compared to its average volume of 212,368. The business’s fifty day simple moving average is $43.15 and its 200 day simple moving average is $42.17. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $36.15 and a 12-month high of $44.88. The company has a market cap of $2.78 billion, a PE ratio of 14.82 and a beta of 0.68.

About Franklin International Core Dividend Tilt Index ETF

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.