Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Shares Shorted: Short Interest Up 81.4% in October

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 37,051 shares, an increase of 81.4% from the September 30th total of 20,430 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 41,307 shares, the short-interest ratio is currently 0.9 days.

Franklin U.S. Low Volatility High Dividend Index ETF Trading Up 1.1%

NASDAQ LVHD traded up $0.49 on Monday, reaching $45.74. The stock had a trading volume of 65,641 shares, compared to its average volume of 58,990. Franklin U.S. Low Volatility High Dividend Index ETF has a 1 year low of $39.46 and a 1 year high of $46.49. The business has a 50 day moving average price of $43.31 and a 200 day moving average price of $43.37. The company has a market capitalization of $649.51 million, a price-to-earnings ratio of 16.71 and a beta of 0.57.

Franklin U.S. Low Volatility High Dividend Index ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Thursday, August 6th were issued a $0.3830 dividend. The ex-dividend date was Thursday, August 6th. This represents a $1.53 dividend on an annualized basis and a yield of 3.3%.

Hedge Funds Weigh In On Franklin U.S. Low Volatility High Dividend Index ETF

An institutional investor recently raised its position in Franklin U.S. Low Volatility High Dividend Index ETF stock. Arkadios Wealth Advisors grew its holdings in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 166.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 33,564 shares of the company’s stock after acquiring an additional 20,981 shares during the period. Arkadios Wealth Advisors owned 0.24% of Franklin U.S. Low Volatility High Dividend Index ETF worth $1,428,000 as of its most recent SEC filing.

About Franklin U.S. Low Volatility High Dividend Index ETF

The Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is an exchange-traded fund that is based on the QS Low Volatility High Dividend index. The fund tracks an index of roughly 50-100 US stocks selected from across the market cap spectrum. Stocks are selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility. LVHD was launched on Dec 29, 2015 and is managed by Franklin Templeton.