Short Interest in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Rises By 68.3%

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 41,621 shares, a growth of 68.3% from the May 14th total of 24,736 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 106,093 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Franklin International Core Dividend Tilt Index ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Retirement Planning Group LLC lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 14.0% in the 1st quarter. Retirement Planning Group LLC now owns 5,659,717 shares of the company’s stock worth $225,313,000 after purchasing an additional 695,595 shares in the last quarter. LPL Financial LLC increased its stake in Franklin International Core Dividend Tilt Index ETF by 5.4% during the 4th quarter. LPL Financial LLC now owns 4,659,366 shares of the company’s stock valued at $181,203,000 after purchasing an additional 240,799 shares in the last quarter. Bank of America Corp DE raised its holdings in Franklin International Core Dividend Tilt Index ETF by 14.1% during the first quarter. Bank of America Corp DE now owns 2,157,120 shares of the company’s stock worth $85,875,000 after buying an additional 266,110 shares during the last quarter. Capital Analysts LLC raised its holdings in Franklin International Core Dividend Tilt Index ETF by 1.7% during the fourth quarter. Capital Analysts LLC now owns 1,436,571 shares of the company’s stock worth $55,868,000 after buying an additional 23,804 shares during the last quarter. Finally, CWM LLC lifted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 14.2% in the fourth quarter. CWM LLC now owns 1,244,471 shares of the company’s stock valued at $48,397,000 after buying an additional 154,297 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Trading Up 0.3%

Franklin International Core Dividend Tilt Index ETF stock traded up $0.13 during midday trading on Monday, reaching $43.56. The stock had a trading volume of 206,180 shares, compared to its average volume of 217,675. The company has a fifty day moving average price of $42.35 and a two-hundred day moving average price of $40.94. Franklin International Core Dividend Tilt Index ETF has a 12 month low of $34.03 and a 12 month high of $43.94. The company has a market capitalization of $2.53 billion, a P/E ratio of 14.82 and a beta of 0.68.

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.