Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) Short Interest Update

Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 24,732 shares, a drop of 27.4% from the March 15th total of 34,056 shares. Currently, 1.9% of the company’s shares are short sold. Based on an average daily volume of 20,415 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Trading of Franklin Emerging Market Core Dividend Tilt Index ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Byrne Financial Freedom LLC lifted its holdings in Franklin Emerging Market Core Dividend Tilt Index ETF by 0.9% during the fourth quarter. Byrne Financial Freedom LLC now owns 101,986 shares of the company’s stock valued at $3,428,000 after purchasing an additional 867 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in shares of Franklin Emerging Market Core Dividend Tilt Index ETF by 4.6% during the 4th quarter. Sanctuary Advisors LLC now owns 20,608 shares of the company’s stock valued at $693,000 after buying an additional 898 shares in the last quarter. Capital Analysts LLC boosted its holdings in Franklin Emerging Market Core Dividend Tilt Index ETF by 40.7% in the 4th quarter. Capital Analysts LLC now owns 3,276 shares of the company’s stock worth $110,000 after buying an additional 947 shares during the period. Sequent Planning LLC increased its stake in Franklin Emerging Market Core Dividend Tilt Index ETF by 36.3% in the 4th quarter. Sequent Planning LLC now owns 18,443 shares of the company’s stock worth $620,000 after buying an additional 4,913 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its holdings in Franklin Emerging Market Core Dividend Tilt Index ETF by 62.6% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 15,670 shares of the company’s stock valued at $527,000 after acquiring an additional 6,031 shares during the period.

Franklin Emerging Market Core Dividend Tilt Index ETF Price Performance

DIEM traded up $0.10 during midday trading on Thursday, reaching $38.58. 2,492 shares of the company’s stock traded hands, compared to its average volume of 14,606. Franklin Emerging Market Core Dividend Tilt Index ETF has a 52 week low of $25.72 and a 52 week high of $39.03. The firm has a fifty day moving average of $36.74 and a two-hundred day moving average of $34.77. The stock has a market capitalization of $50.15 million, a price-to-earnings ratio of 11.48 and a beta of 0.64.

About Franklin Emerging Market Core Dividend Tilt Index ETF

Under normal market conditions, 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® Emerging Markets Target Market Exposure Index (Parent 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.