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

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 189,920 shares, a decrease of 49.2% from the June 15th total of 373,874 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 352,750 shares, the short-interest ratio is currently 0.5 days.

Franklin International Core Dividend Tilt Index ETF Trading Up 0.7%

DIVI traded up $0.28 during midday trading on Wednesday, hitting $43.14. 120,963 shares of the company traded hands, compared to its average volume of 225,566. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 14.82 and a beta of 0.68. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $34.72 and a 52-week high of $44.18. The business has a 50 day simple moving average of $42.92 and a two-hundred day simple moving average of $41.61.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Sunbelt Securities Inc. increased its stake in Franklin International Core Dividend Tilt Index ETF by 677.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock worth $25,000 after buying an additional 576 shares in the last quarter. CIBC Private Wealth Group LLC purchased a new position in shares of Franklin International Core Dividend Tilt Index ETF in the third quarter valued at approximately $29,000. Johnson Financial Group Inc. purchased a new position in shares of Franklin International Core Dividend Tilt Index ETF in the first quarter valued at approximately $33,000. Assetmark Inc. boosted 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 worth $37,000 after acquiring an additional 855 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 30.0% in the fourth 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.

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.