Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Short Interest Down 47.2% in May

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 198,897 shares, a decrease of 47.2% from the May 14th total of 376,530 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 465,561 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Franklin International Low Volatility High Dividend Index ETF

A number of large investors have recently modified their holdings of LVHI. Farther Finance Advisors LLC increased its stake 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 during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Franklin International Low Volatility High Dividend Index ETF by 416.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 30,586 shares of the company’s stock valued at $1,126,000 after acquiring an additional 24,658 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings 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 last quarter. Nova Wealth Management Inc. increased its position in Franklin International Low Volatility High Dividend Index ETF by 64.6% in the fourth quarter. Nova Wealth Management Inc. now owns 53,117 shares of the company’s stock worth $1,956,000 after purchasing an additional 20,843 shares during the period. Finally, Nations Financial Group Inc. IA ADV increased its position in Franklin International Low Volatility High Dividend Index ETF by 40.8% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 19,977 shares of the company’s stock worth $736,000 after purchasing an additional 5,789 shares during the period.

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

BATS:LVHI traded up $0.20 during mid-day trading on Friday, reaching $41.09. 540,000 shares of the company were exchanged, compared to its average volume of 748,678. Franklin International Low Volatility High Dividend Index ETF has a 12 month low of $32.16 and a 12 month high of $41.74. The company has a fifty day moving average of $40.91 and a 200 day moving average of $39.34. The stock has a market cap of $3.49 billion, a PE ratio of 11.36 and a beta of 0.45.

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.