Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Stock Short Interest Report for October

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 37,051 shares, an increase of 81.4% from the September 30th total of 20,430 shares. Based on an average daily trading volume, of 41,307 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Franklin U.S. Low Volatility High Dividend Index ETF stock. Arkadios Wealth Advisors boosted its holdings in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 166.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,564 shares of the company’s stock after purchasing an additional 20,981 shares during the quarter. Arkadios Wealth Advisors owned about 0.24% of Franklin U.S. Low Volatility High Dividend Index ETF worth $1,428,000 at the end of the most recent quarter.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Up 0.5%

LVHD traded up $0.24 on Friday, hitting $45.25. 113,911 shares of the company traded hands, compared to its average volume of 58,958. The company has a 50 day moving average of $43.28 and a 200-day moving average of $43.34. The stock has a market capitalization of $642.55 million, a PE ratio of 16.71 and a beta of 0.57. Franklin U.S. Low Volatility High Dividend Index ETF has a 12-month low of $39.46 and a 12-month high of $46.49.

Franklin U.S. Low Volatility High Dividend Index ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Thursday, August 6th were issued a $0.3830 dividend. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 3.4%.

About Franklin U.S. Low Volatility High Dividend Index ETF

The Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is an exchange-traded fund that is based on the QS Low Volatility High Dividend index. The fund tracks an index of roughly 50-100 US stocks selected from across the market cap spectrum. Stocks are selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility. LVHD was launched on Dec 29, 2015 and is managed by Franklin Templeton.