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

Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 55,446 shares, an increase of 148.0% from the July 15th total of 22,359 shares. Based on an average daily volume of 5,088 shares, the days-to-cover ratio is presently 10.9 days. Approximately 4.6% of the shares of the company are short sold.

Institutional Trading of Franklin International Dividend Multiplier Index ETF

An institutional investor recently raised its position in Franklin International Dividend Multiplier Index ETF stock. Susquehanna International Group LLP raised its stake in Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) by 9.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 61,674 shares of the company’s stock after acquiring an additional 5,149 shares during the quarter. Susquehanna International Group LLP owned approximately 3.63% of Franklin International Dividend Multiplier Index ETF worth $1,992,000 as of its most recent filing with the Securities & Exchange Commission.

Franklin International Dividend Multiplier Index ETF Price Performance

NYSEARCA XIDV opened at $39.22 on Friday. The business’s fifty day moving average is $37.83 and its 200-day moving average is $37.25. The stock has a market capitalization of $47.06 million, a price-to-earnings ratio of 12.12 and a beta of 0.09. Franklin International Dividend Multiplier Index ETF has a one year low of $31.53 and a one year high of $39.29.

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.