Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Short Interest Down 55.5% in May

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 376,530 shares, a decline of 55.5% from the April 30th total of 846,508 shares. Based on an average trading volume of 740,253 shares, the short-interest ratio is presently 0.5 days. Approximately 0.4% of the company’s stock are sold short.

Franklin International Low Volatility High Dividend Index ETF Price Performance

Franklin International Low Volatility High Dividend Index ETF stock opened at $40.94 on Monday. Franklin International Low Volatility High Dividend Index ETF has a 12-month low of $32.16 and a 12-month high of $41.74. The firm’s fifty day moving average is $40.74 and its 200 day moving average is $39.06. The company has a market capitalization of $3.48 billion, a PE ratio of 11.36 and a beta of 0.45.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Thoroughbred Financial Services LLC lifted its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 0.5% in the third quarter. Thoroughbred Financial Services LLC now owns 60,640 shares of the company’s stock valued at $2,107,000 after buying an additional 297 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 104.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the company’s stock worth $34,000 after acquiring an additional 494 shares during the last quarter. Advisory Services Network LLC raised its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 2.5% in the 4th quarter. Advisory Services Network LLC now owns 21,036 shares of the company’s stock worth $775,000 after acquiring an additional 507 shares during the last quarter. Strategic Blueprint LLC raised its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 7.6% in the 4th quarter. Strategic Blueprint LLC now owns 10,819 shares of the company’s stock worth $398,000 after acquiring an additional 760 shares during the last quarter. Finally, Torren Management LLC acquired a new stake in shares of Franklin International Low Volatility High Dividend Index ETF in the 1st quarter worth about $33,000.

About Franklin International Low Volatility High Dividend Index ETF

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.