Short Interest in Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Decreases By 67.8%

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 508,247 shares, a drop of 67.8% from the July 30th total of 1,577,369 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 815,899 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Franklin International Low Volatility High Dividend Index ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisory Services Network LLC increased its position in Franklin International Low Volatility High Dividend Index ETF by 2.5% during the fourth quarter. Advisory Services Network LLC now owns 21,036 shares of the company’s stock worth $775,000 after acquiring an additional 507 shares during the period. Rathbones Group PLC grew its position in Franklin International Low Volatility High Dividend Index ETF by 3.7% in the 1st quarter. Rathbones Group PLC now owns 14,381 shares of the company’s stock worth $583,000 after purchasing an additional 514 shares during the last quarter. Strategic Blueprint LLC increased its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 7.6% during the 4th quarter. Strategic Blueprint LLC now owns 10,819 shares of the company’s stock worth $398,000 after purchasing an additional 760 shares during the period. Torren Management LLC acquired a new position in shares of Franklin International Low Volatility High Dividend Index ETF during the first quarter valued at about $33,000. Finally, Sunbelt Securities Inc. lifted its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 10.4% in the fourth quarter. Sunbelt Securities Inc. now owns 10,559 shares of the company’s stock valued at $389,000 after buying an additional 992 shares during the period.

Franklin International Low Volatility High Dividend Index ETF Stock Down 0.9%

Shares of BATS LVHI opened at $42.70 on Friday. The business’s 50 day moving average is $42.01 and its two-hundred day moving average is $41.12. The company has a market cap of $3.63 billion, a P/E ratio of 11.36 and a beta of 0.45. Franklin International Low Volatility High Dividend Index ETF has a 12 month low of $34.25 and a 12 month high of $43.35.

About Franklin International Low Volatility High Dividend Index ETF

The Franklin International Low Volatility High Dividend Index ETF (LVHI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an all-cap index of developed ex-US stocks, selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility. LVHI was launched on Jul 27, 2016 and is managed by Franklin Templeton.