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) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 198,897 shares, a drop of 47.2% from the May 14th total of 376,530 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 465,561 shares, the days-to-cover ratio is currently 0.4 days.

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

Shares of BATS:LVHI traded up $0.20 during trading on Friday, hitting $41.09. 540,000 shares of the company’s stock were exchanged, compared to its average volume of 748,678. The firm has a market cap of $3.49 billion, a P/E ratio of 11.36 and a beta of 0.45. The firm has a 50-day moving average price of $40.91 and a two-hundred day moving average price of $39.34. Franklin International Low Volatility High Dividend Index ETF has a 1-year low of $32.16 and a 1-year high of $41.74.

Institutional Trading of Franklin International Low Volatility High Dividend Index ETF

Institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. raised its position in shares of Franklin International Low Volatility High Dividend Index ETF by 4.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,690,259 shares of the company’s stock valued at $58,740,000 after acquiring an additional 73,179 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 64.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 437,681 shares of the company’s stock valued at $17,744,000 after purchasing an additional 171,132 shares during the period. Cedar Mountain Advisors LLC boosted its position in shares of Franklin International Low Volatility High Dividend Index ETF by 0.3% in the 4th quarter. Cedar Mountain Advisors LLC now owns 337,224 shares of the company’s stock worth $12,417,000 after purchasing an additional 1,062 shares during the last quarter. Ethos Financial Group LLC boosted its position in shares of Franklin International Low Volatility High Dividend Index ETF by 27.2% in the 1st quarter. Ethos Financial Group LLC now owns 171,465 shares of the company’s stock worth $6,951,000 after purchasing an additional 36,685 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 268.5% during the fourth quarter. JPMorgan Chase & Co. now owns 138,576 shares of the company’s stock worth $5,102,000 after purchasing an additional 100,974 shares during the period.

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.