Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) Short Interest Update

Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) saw a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 30,179 shares, a decrease of 43.6% from the January 15th total of 53,526 shares. Based on an average daily volume of 16,045 shares, the short-interest ratio is presently 1.9 days. Currently, 3.0% of the shares of the stock are sold short. Currently, 3.0% of the shares of the stock are sold short. Based on an average daily volume of 16,045 shares, the short-interest ratio is presently 1.9 days.

Franklin Emerging Market Core Dividend Tilt Index ETF Price Performance

Shares of DIEM traded up $0.19 during mid-day trading on Friday, reaching $37.82. The company had a trading volume of 17,721 shares, compared to its average volume of 16,121. Franklin Emerging Market Core Dividend Tilt Index ETF has a twelve month low of $24.08 and a twelve month high of $38.54. The company’s 50-day moving average is $35.03 and its 200-day moving average is $33.16. The company has a market capitalization of $37.82 million, a P/E ratio of 11.48 and a beta of 0.64.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC increased its position in shares of Franklin Emerging Market Core Dividend Tilt Index ETF by 40.6% during the fourth quarter. LPL Financial LLC now owns 203,774 shares of the company’s stock valued at $6,849,000 after buying an additional 58,874 shares during the period. Global Retirement Partners LLC grew its stake in Franklin Emerging Market Core Dividend Tilt Index ETF by 71.3% during the fourth quarter. Global Retirement Partners LLC now owns 139,511 shares of the company’s stock valued at $4,689,000 after acquiring an additional 58,090 shares in the last quarter. Byrne Financial Freedom LLC increased its holdings in Franklin Emerging Market Core Dividend Tilt Index ETF by 0.9% during the 4th quarter. Byrne Financial Freedom LLC now owns 101,986 shares of the company’s stock worth $3,428,000 after acquiring an additional 867 shares during the period. Jane Street Group LLC lifted its stake in Franklin Emerging Market Core Dividend Tilt Index ETF by 250.3% in the 1st quarter. Jane Street Group LLC now owns 86,027 shares of the company’s stock worth $2,334,000 after purchasing an additional 61,466 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in Franklin Emerging Market Core Dividend Tilt Index ETF by 21.4% in the 3rd quarter. Raymond James Financial Inc. now owns 84,850 shares of the company’s stock worth $2,726,000 after purchasing an additional 14,939 shares in the last quarter.

About Franklin Emerging Market Core Dividend Tilt Index ETF

Under normal market conditions, 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® Emerging Markets Target Market Exposure Index (Parent 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.