Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Short Interest Update

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 136,133 shares, a drop of 34.7% from the December 31st total of 208,511 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 212,067 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 212,067 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the company’s shares are sold short.

Franklin International Core Dividend Tilt Index ETF Price Performance

NYSEARCA DIVI traded down $0.34 during trading on Friday, reaching $41.10. 402,282 shares of the company’s stock traded hands, compared to its average volume of 243,874. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of 14.82 and a beta of 0.71. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $28.70 and a 12-month high of $41.61. The company’s 50 day simple moving average is $39.37 and its two-hundred day simple moving average is $37.88.

Hedge Funds Weigh In On Franklin International Core Dividend Tilt Index ETF

Several hedge funds have recently made changes to their positions in the company. AllGen Financial Advisors Inc. raised its stake in Franklin International Core Dividend Tilt Index ETF by 20.8% during the 3rd quarter. AllGen Financial Advisors Inc. now owns 366,104 shares of the company’s stock worth $13,659,000 after acquiring an additional 62,981 shares in the last quarter. Prepared Retirement Institute LLC raised its stake in Franklin International Core Dividend Tilt Index ETF by 16.9% during the 3rd quarter. Prepared Retirement Institute LLC now owns 133,508 shares of the company’s stock valued at $4,981,000 after acquiring an additional 19,285 shares during the last quarter. Baron Wealth Management LLC raised its stake in shares of Franklin International Core Dividend Tilt Index ETF by 4.2% during the third quarter. Baron Wealth Management LLC now owns 707,015 shares of the company’s stock worth $26,379,000 after purchasing an additional 28,311 shares during the last quarter. Truist Financial Corp purchased a new position in Franklin International Core Dividend Tilt Index ETF during the 2nd quarter worth $293,000. Finally, Retirement Planning Group LLC lifted its position in Franklin International Core Dividend Tilt Index ETF by 5.1% in the second quarter. Retirement Planning Group LLC now owns 4,475,833 shares of the company’s stock valued at $159,519,000 after purchasing an additional 216,801 shares during the period.

Franklin International Core Dividend Tilt Index ETF Company Profile

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.