Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) Short Interest Update

Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 3,597 shares, an increase of 205.6% from the February 12th total of 1,177 shares. Based on an average daily volume of 18,861 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 18,861 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Franklin International Dividend Multiplier Index ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Franklin Resources Inc. acquired a new stake in shares of Franklin International Dividend Multiplier Index ETF in the 4th quarter valued at about $28,944,000. Envestnet Asset Management Inc. acquired a new position in Franklin International Dividend Multiplier Index ETF in the second quarter worth about $3,303,000. Cetera Investment Advisers acquired a new position in Franklin International Dividend Multiplier Index ETF in the second quarter worth about $2,754,000. Invested Advisors bought a new stake in Franklin International Dividend Multiplier Index ETF in the fourth quarter valued at about $372,000. Finally, Susquehanna International Group LLP increased its holdings in Franklin International Dividend Multiplier Index ETF by 9.1% in the third quarter. Susquehanna International Group LLP now owns 61,674 shares of the company’s stock valued at $1,992,000 after buying an additional 5,149 shares during the last quarter.

Franklin International Dividend Multiplier Index ETF Stock Performance

Shares of XIDV stock traded down $0.31 during mid-day trading on Thursday, reaching $35.53. 4,610 shares of the company were exchanged, compared to its average volume of 4,971. Franklin International Dividend Multiplier Index ETF has a fifty-two week low of $25.19 and a fifty-two week high of $37.89. The company has a market capitalization of $60.40 million, a P/E ratio of 12.12 and a beta of 0.79. The business’s 50 day simple moving average is $35.84 and its 200 day simple moving average is $33.82.

Franklin International Dividend Multiplier Index ETF Company Profile

The Franklin International Dividend Multiplier Index ETF (XIDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of large- and mid-cap companies from developed markets, excluding the US. The fund uses an optimizer that aims for high dividend yield balanced against volatility relative to the broad international equity market. XIDV was launched on Jan 21, 2025 and is issued by Franklin Templeton.