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 decline in short interest in May. As of May 29th, there was short interest totaling 198,897 shares, a decline of 47.2% from the May 14th total of 376,530 shares. Based on an average daily trading volume, of 465,561 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are sold short.

Franklin International Low Volatility High Dividend Index ETF Stock Performance

Franklin International Low Volatility High Dividend Index ETF stock opened at $41.09 on Monday. Franklin International Low Volatility High Dividend Index ETF has a 1-year low of $32.16 and a 1-year high of $41.74. The firm has a market capitalization of $3.49 billion, a price-to-earnings ratio of 11.36 and a beta of 0.45. The firm has a 50 day simple moving average of $40.91 and a 200 day simple moving average of $39.36.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in LVHI. Torren Management LLC purchased a new position in shares of Franklin International Low Volatility High Dividend Index ETF during the 1st quarter valued at $33,000. EverSource Wealth Advisors LLC grew its position in shares of Franklin International Low Volatility High Dividend Index ETF by 104.2% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the company’s stock valued at $34,000 after purchasing an additional 494 shares in the last quarter. Pinnacle Bancorp Inc. purchased a new position in shares of Franklin International Low Volatility High Dividend Index ETF during the 4th quarter valued at $37,000. Parallel Advisors LLC grew its position in shares of Franklin International Low Volatility High Dividend Index ETF by 275.5% during the 1st quarter. Parallel Advisors LLC now owns 1,363 shares of the company’s stock valued at $55,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Sound Income Strategies LLC bought a new stake in shares of Franklin International Low Volatility High Dividend Index ETF during the 1st quarter worth $119,000.

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.