Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Short Interest Down 34.7% in January

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 136,133 shares, a drop of 34.7% from the December 31st total of 208,511 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 212,067 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 212,067 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are short sold.

Franklin International Core Dividend Tilt Index ETF Stock Down 0.8%

Shares of DIVI traded down $0.34 during trading hours on Friday, reaching $41.10. The company’s stock had a trading volume of 402,282 shares, compared to its average volume of 243,874. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of 14.82 and a beta of 0.71. The company has a 50 day moving average of $39.37 and a two-hundred day moving average of $37.86. Franklin International Core Dividend Tilt Index ETF has a 1-year low of $28.70 and a 1-year high of $41.61.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Retirement Planning Group LLC grew its stake in Franklin International Core Dividend Tilt Index ETF by 6.9% in the 3rd quarter. Retirement Planning Group LLC now owns 4,784,732 shares of the company’s stock valued at $178,518,000 after buying an additional 308,899 shares during the last quarter. Bank of America Corp DE boosted its position in Franklin International Core Dividend Tilt Index ETF by 7.2% in the third quarter. Bank of America Corp DE now owns 1,629,671 shares of the company’s stock valued at $60,803,000 after buying an additional 109,765 shares in the last quarter. CWM LLC raised its position in Franklin International Core Dividend Tilt Index ETF by 14.2% in the fourth quarter. CWM LLC now owns 1,244,471 shares of the company’s stock valued at $48,397,000 after purchasing an additional 154,297 shares during the last quarter. Sanctuary Advisors LLC increased its position in Franklin International Core Dividend Tilt Index ETF by 0.7% in the 4th quarter. Sanctuary Advisors LLC now owns 996,441 shares of the company’s stock valued at $38,752,000 after acquiring an additional 6,672 shares during the period. Finally, Raymond James Financial Inc. grew its position in shares of Franklin International Core Dividend Tilt Index ETF by 14.2% in the 3rd quarter. Raymond James Financial Inc. now owns 859,037 shares of the company’s stock valued at $32,051,000 after buying an additional 106,489 shares during the last quarter.

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.