Short Interest in Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Drops By 67.8%

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 508,247 shares, a decline of 67.8% from the July 30th total of 1,577,369 shares. Based on an average trading volume of 815,899 shares, the short-interest ratio is presently 0.6 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Investors Weigh In On Franklin International Low Volatility High Dividend Index ETF

A number of large investors have recently made changes to their positions in the company. Torren Management LLC purchased a new stake in shares of Franklin International Low Volatility High Dividend Index ETF during the 1st quarter valued at about $33,000. Parallel Advisors LLC boosted its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 275.5% in the first quarter. Parallel Advisors LLC now owns 1,363 shares of the company’s stock worth $55,000 after buying an additional 1,000 shares during the last quarter. Sound Income Strategies LLC bought a new stake in Franklin International Low Volatility High Dividend Index ETF during the first quarter valued at approximately $119,000. IFC & Insurance Marketing Inc. bought a new stake in Franklin International Low Volatility High Dividend Index ETF during the fourth quarter valued at approximately $238,000. Finally, Bank of New York Mellon Corp purchased a new stake in Franklin International Low Volatility High Dividend Index ETF during the first quarter valued at approximately $267,000.

Franklin International Low Volatility High Dividend Index ETF Stock Performance

Franklin International Low Volatility High Dividend Index ETF stock opened at $42.86 on Friday. The stock has a market cap of $3.64 billion, a PE ratio of 11.36 and a beta of 0.45. Franklin International Low Volatility High Dividend Index ETF has a one year low of $34.25 and a one year high of $43.35. The stock has a fifty day moving average of $42.06 and a 200 day moving average of $41.13.

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.