Short Interest in Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) Rises By 148.0%

Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 55,446 shares, an increase of 148.0% from the July 15th total of 22,359 shares. Approximately 4.6% of the shares of the company are short sold. Based on an average daily volume of 5,088 shares, the short-interest ratio is currently 10.9 days.

Franklin International Dividend Multiplier Index ETF Stock Down 0.1%

NYSEARCA XIDV opened at $38.96 on Friday. The stock has a market cap of $46.75 million, a P/E ratio of 12.12 and a beta of 0.09. The company’s 50-day simple moving average is $37.80 and its 200 day simple moving average is $37.24. Franklin International Dividend Multiplier Index ETF has a twelve month low of $31.53 and a twelve month high of $39.24.

Hedge Funds Weigh In On Franklin International Dividend Multiplier Index ETF

A hedge fund recently bought a new stake in Franklin International Dividend Multiplier Index ETF stock. Franklin Resources Inc. acquired a new stake in Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 850,000 shares of the company’s stock, valued at approximately $28,944,000. Franklin Resources Inc. owned about 50.00% of Franklin International Dividend Multiplier Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.