Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Short Interest Update

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 125,044 shares, a drop of 56.4% from the June 15th total of 287,013 shares. Based on an average daily trading volume, of 525,924 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Investors Weigh In On Franklin International Low Volatility High Dividend Index ETF

Large investors have recently modified their holdings of the stock. Ameriprise Financial Inc. raised its stake in Franklin International Low Volatility High Dividend Index ETF by 50.6% in the second quarter. Ameriprise Financial Inc. now owns 1,617,080 shares of the company’s stock worth $52,639,000 after buying an additional 543,539 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Franklin International Low Volatility High Dividend Index ETF by 64.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 437,681 shares of the company’s stock valued at $17,744,000 after acquiring an additional 171,132 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 268.5% during the 4th quarter. JPMorgan Chase & Co. now owns 138,576 shares of the company’s stock worth $5,102,000 after acquiring an additional 100,974 shares during the period. Ethos Financial Group LLC grew its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 27.2% during the 1st quarter. Ethos Financial Group LLC now owns 171,465 shares of the company’s stock worth $6,951,000 after acquiring an additional 36,685 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of Franklin International Low Volatility High Dividend Index ETF by 275.7% in the 4th quarter. Farther Finance Advisors LLC now owns 36,410 shares of the company’s stock worth $1,341,000 after acquiring an additional 26,718 shares in the last quarter.

Franklin International Low Volatility High Dividend Index ETF Stock Performance

Shares of LVHI stock opened at $41.69 on Thursday. Franklin International Low Volatility High Dividend Index ETF has a fifty-two week low of $32.76 and a fifty-two week high of $41.82. The firm has a market cap of $3.54 billion, a P/E ratio of 11.36 and a beta of 0.45. The business’s 50 day moving average price is $40.94 and its 200-day moving average price is $40.07.

Franklin International Low Volatility High Dividend Index ETF Company Profile

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.