Short Interest in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Increases By 29.2%

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 6,200 shares, an increase of 29.2% from the September 30th total of 4,800 shares. Based on an average daily volume of 57,600 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Franklin U.S. Low Volatility High Dividend Index ETF

A hedge fund recently bought a new stake in Franklin U.S. Low Volatility High Dividend Index ETF stock. Lynx Investment Advisory acquired a new stake in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,680 shares of the company’s stock, valued at approximately $96,000.

Franklin U.S. Low Volatility High Dividend Index ETF Price Performance

LVHD stock opened at $40.07 on Monday. Franklin U.S. Low Volatility High Dividend Index ETF has a 1-year low of $32.58 and a 1-year high of $41.29. The business has a 50 day simple moving average of $40.22 and a two-hundred day simple moving average of $37.80. The company has a market capitalization of $579.01 million, a price-to-earnings ratio of 16.41 and a beta of 0.76.

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

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Thursday, August 8th were given a dividend of $0.377 per share. The ex-dividend date was Thursday, August 8th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 3.76%.

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.