Short Interest in Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Increases By 257.8%

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 846,508 shares, an increase of 257.8% from the April 15th total of 236,586 shares. Based on an average daily volume of 696,245 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.0% of the company’s shares are short sold.

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

Several hedge funds and other institutional investors have recently bought and sold shares of LVHI. JPMorgan Chase & Co. lifted its holdings in Franklin International Low Volatility High Dividend Index ETF by 81.5% in the second quarter. JPMorgan Chase & Co. now owns 9,483 shares of the company’s stock valued at $309,000 after buying an additional 4,258 shares during the period. Vista Capital Partners Inc. acquired a new position in Franklin International Low Volatility High Dividend Index ETF in the second quarter valued at $392,000. Ameriprise Financial Inc. lifted its holdings in Franklin International Low Volatility High Dividend Index ETF by 50.6% in the second quarter. Ameriprise Financial Inc. now owns 1,617,080 shares of the company’s stock valued at $52,639,000 after buying an additional 543,539 shares during the period. Nations Financial Group Inc. IA ADV acquired a new position in Franklin International Low Volatility High Dividend Index ETF in the third quarter valued at $493,000. Finally, Arkadios Wealth Advisors lifted its holdings in Franklin International Low Volatility High Dividend Index ETF by 116.9% in the third quarter. Arkadios Wealth Advisors now owns 27,750 shares of the company’s stock valued at $964,000 after buying an additional 14,957 shares during the period.

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

LVHI stock opened at $41.19 on Thursday. The firm has a market cap of $3.50 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45. Franklin International Low Volatility High Dividend Index ETF has a 12-month low of $32.16 and a 12-month high of $41.70. The company’s fifty day simple moving average is $40.40 and its 200 day simple moving average is $38.58.

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.