Short Interest in Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Expands By 338.7%

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 548,544 shares, a growth of 338.7% from the June 30th total of 125,044 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 590,513 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On Franklin International Low Volatility High Dividend Index ETF

Large investors have recently bought and sold shares of the company. Farther Finance Advisors LLC increased its position in shares of Franklin International Low Volatility High Dividend Index ETF by 275.7% in the 4th quarter. Farther Finance Advisors LLC now owns 36,410 shares of the company’s stock valued at $1,341,000 after buying an additional 26,718 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Franklin International Low Volatility High Dividend Index ETF by 416.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 30,586 shares of the company’s stock worth $1,126,000 after acquiring an additional 24,658 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Franklin International Low Volatility High Dividend Index ETF by 296.5% in the third quarter. JPMorgan Chase & Co. now owns 37,602 shares of the company’s stock valued at $1,307,000 after acquiring an additional 28,119 shares during the period. Janney Montgomery Scott LLC grew its stake in Franklin International Low Volatility High Dividend Index ETF by 64.2% in the first quarter. Janney Montgomery Scott LLC now owns 437,681 shares of the company’s stock valued at $17,744,000 after acquiring an additional 171,132 shares during the period. Finally, Ethos Financial Group LLC increased its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 27.2% in the first quarter. Ethos Financial Group LLC now owns 171,465 shares of the company’s stock worth $6,951,000 after acquiring an additional 36,685 shares in the last quarter.

Franklin International Low Volatility High Dividend Index ETF Price Performance

Shares of BATS:LVHI opened at $42.45 on Friday. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45. The firm’s 50 day simple moving average is $41.10 and its 200 day simple moving average is $40.29. Franklin International Low Volatility High Dividend Index ETF has a fifty-two week low of $32.86 and a fifty-two week high of $42.55.

Franklin International Low Volatility High Dividend Index ETF Company Profile

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.