Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV) Sees Large Drop in Short Interest

Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV – Get Free Report) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 424 shares, a drop of 97.0% from the September 15th total of 14,191 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 21,066 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Franklin U.S. Dividend Multiplier Index ETF

An institutional investor recently raised its stake in Franklin U.S. Dividend Multiplier Index ETF stock. Invested Advisors lifted its position in shares of Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV – Free Report) by 16.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,422 shares of the company’s stock after purchasing an additional 3,498 shares during the period. Invested Advisors owned 1.02% of Franklin U.S. Dividend Multiplier Index ETF worth $765,000 as of its most recent filing with the Securities and Exchange Commission.

Franklin U.S. Dividend Multiplier Index ETF Stock Performance

Shares of XUDV stock traded down $0.04 during midday trading on Friday, hitting $31.68. 11,551 shares of the company were exchanged, compared to its average volume of 8,879. Franklin U.S. Dividend Multiplier Index ETF has a 52 week low of $25.30 and a 52 week high of $34.03. The firm has a market capitalization of $76.03 million, a P/E ratio of 14.08 and a beta of 0.60. The firm’s 50 day moving average price is $32.94 and its two-hundred day moving average price is $31.48.

Franklin U.S. Dividend Multiplier Index ETF Company Profile

(Get Free Report)

The Franklin U.S. Dividend Multiplier Index ETF (XUDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of US large-cap companies that employs an optimizer aimed to deliver high dividend yield balanced against volatility. XUDV was launched on Jan 21, 2025 and is issued by Franklin Templeton.

Further Reading

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