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

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 34,367 shares, a decrease of 71.5% from the August 15th total of 120,419 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 259,150 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans acquired a new stake in Franklin International Core Dividend Tilt Index ETF in the 4th quarter worth $5,560,000. LPL Financial LLC increased its stake in Franklin International Core Dividend Tilt Index ETF by 5.4% during the fourth quarter. LPL Financial LLC now owns 4,659,366 shares of the company’s stock valued at $181,203,000 after acquiring an additional 240,799 shares during the period. Bank of New York Mellon Corp raised its holdings in Franklin International Core Dividend Tilt Index ETF by 23.2% in the 1st quarter. Bank of New York Mellon Corp now owns 452,005 shares of the company’s stock valued at $17,994,000 after acquiring an additional 85,159 shares in the last quarter. Entelevest LLC bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the 4th quarter worth approximately $1,468,000. Finally, Lane Brothers & Co. Inc. bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the 4th quarter worth approximately $2,062,000.

Franklin International Core Dividend Tilt Index ETF Trading Up 1.0%

DIVI traded up $0.43 on Friday, reaching $44.12. The company had a trading volume of 109,626 shares, compared to its average volume of 211,873. The company has a market capitalization of $2.74 billion, a P/E ratio of 14.82 and a beta of 0.68. The company has a fifty day moving average of $43.77 and a 200-day moving average of $42.55. Franklin International Core Dividend Tilt Index ETF has a one year low of $36.59 and a one year high of $44.89.

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.