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

Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 115,594 shares, an increase of 2,537.9% from the June 15th total of 4,382 shares. Approximately 10.5% of the company’s stock are short sold. Based on an average daily trading volume, of 2,256 shares, the short-interest ratio is presently 51.2 days.

Hedge Funds Weigh In On Franklin International Dividend Multiplier Index ETF

A number of hedge funds have recently bought and sold shares of the company. Invested Advisors acquired a new stake in Franklin International Dividend Multiplier Index ETF in the fourth quarter worth about $372,000. Susquehanna International Group LLP raised its position in shares of Franklin International Dividend Multiplier Index ETF by 9.1% during the 3rd quarter. Susquehanna International Group LLP now owns 61,674 shares of the company’s stock worth $1,992,000 after buying an additional 5,149 shares in the last quarter. Finally, Franklin Resources Inc. bought a new stake in shares of Franklin International Dividend Multiplier Index ETF during the 4th quarter worth about $28,944,000.

Franklin International Dividend Multiplier Index ETF Price Performance

XIDV traded up $0.11 during trading on Friday, hitting $36.96. The company had a trading volume of 1,036 shares, compared to its average volume of 7,453. Franklin International Dividend Multiplier Index ETF has a 1-year low of $30.43 and a 1-year high of $39.00. The company has a market cap of $40.66 million, a PE ratio of 12.12 and a beta of 0.11. The business has a 50-day moving average of $37.74 and a 200-day moving average of $36.57.

About Franklin International Dividend Multiplier Index ETF

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.