Short Interest in Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Declines By 55.5%

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 376,530 shares, a decline of 55.5% from the April 30th total of 846,508 shares. Based on an average daily volume of 740,253 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company’s shares are short sold.

Franklin International Low Volatility High Dividend Index ETF Stock Down 0.5%

Shares of Franklin International Low Volatility High Dividend Index ETF stock traded down $0.20 on Tuesday, hitting $40.74. The stock had a trading volume of 537,239 shares, compared to its average volume of 753,408. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45. The stock’s 50-day simple moving average is $40.76 and its two-hundred day simple moving average is $39.09. Franklin International Low Volatility High Dividend Index ETF has a one year low of $32.16 and a one year high of $41.74.

Institutional Trading of Franklin International Low Volatility High Dividend Index ETF

Several large investors have recently added to or reduced their stakes in LVHI. Torren Management LLC bought a new stake in Franklin International Low Volatility High Dividend Index ETF during the 1st quarter valued at approximately $33,000. EverSource Wealth Advisors LLC grew its position in shares of Franklin International Low Volatility High Dividend Index ETF by 104.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the company’s stock worth $34,000 after buying an additional 494 shares during the period. Pinnacle Bancorp Inc. bought a new position in shares of Franklin International Low Volatility High Dividend Index ETF in the 4th quarter worth about $37,000. Parallel Advisors LLC lifted its position in Franklin International Low Volatility High Dividend Index ETF by 275.5% during the 1st quarter. Parallel Advisors LLC now owns 1,363 shares of the company’s stock valued at $55,000 after acquiring an additional 1,000 shares during the period. Finally, Sound Income Strategies LLC purchased a new position in Franklin International Low Volatility High Dividend Index ETF during the 1st quarter valued at about $119,000.

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.