Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Short Interest Update

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 24,736 shares, a decrease of 89.0% from the April 30th total of 223,905 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 176,366 shares, the days-to-cover ratio is presently 0.1 days.

Franklin International Core Dividend Tilt Index ETF Trading Up 0.3%

Shares of DIVI stock traded up $0.12 on Friday, hitting $43.28. 114,737 shares of the stock were exchanged, compared to its average volume of 221,532. The firm has a market capitalization of $2.51 billion, a P/E ratio of 14.82 and a beta of 0.69. The business has a 50-day moving average of $41.62 and a 200 day moving average of $40.57. Franklin International Core Dividend Tilt Index ETF has a fifty-two week low of $34.03 and a fifty-two week high of $43.53.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Wells Fargo & Company MN increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 30.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,082 shares of the company’s stock worth $42,000 after acquiring an additional 250 shares in the last quarter. Cornerstone Wealth Management LLC increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 1.1% during the third quarter. Cornerstone Wealth Management LLC now owns 26,384 shares of the company’s stock worth $984,000 after acquiring an additional 277 shares in the last quarter. Orion Porfolio Solutions LLC increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 0.7% during the fourth quarter. Orion Porfolio Solutions LLC now owns 42,805 shares of the company’s stock worth $1,665,000 after acquiring an additional 318 shares in the last quarter. Defined Wealth Management LLC increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 0.3% during the first quarter. Defined Wealth Management LLC now owns 119,302 shares of the company’s stock worth $4,749,000 after acquiring an additional 371 shares in the last quarter. Finally, LOM Asset Management Ltd increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 5.9% during the third quarter. LOM Asset Management Ltd now owns 7,575 shares of the company’s stock worth $283,000 after acquiring an additional 420 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Company Profile

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.