Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV) Short Interest Down 86.3% in January

Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 447 shares, a decline of 86.3% from the December 31st total of 3,257 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 7,585 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 7,585 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Franklin U.S. Dividend Multiplier Index ETF Trading Down 0.3%

Shares of XUDV traded down $0.08 during trading hours on Wednesday, reaching $27.77. The stock had a trading volume of 1,599 shares, compared to its average volume of 7,722. The firm has a 50-day simple moving average of $26.96 and a 200 day simple moving average of $26.55. Franklin U.S. Dividend Multiplier Index ETF has a 12 month low of $21.47 and a 12 month high of $27.97. The company has a market capitalization of $56.93 million, a price-to-earnings ratio of 14.08 and a beta of -1.16.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Assetmark Inc. bought a new stake in shares of Franklin U.S. Dividend Multiplier Index ETF in the 2nd quarter worth approximately $20,948,000. Envestnet Asset Management Inc. increased its position in Franklin U.S. Dividend Multiplier Index ETF by 2.7% in the third quarter. Envestnet Asset Management Inc. now owns 205,325 shares of the company’s stock worth $5,486,000 after buying an additional 5,438 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Franklin U.S. Dividend Multiplier Index ETF in the second quarter valued at $4,247,000. Finally, Invested Advisors purchased a new position in shares of Franklin U.S. Dividend Multiplier Index ETF during the 4th quarter valued at $556,000.

About Franklin U.S. Dividend Multiplier Index ETF

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.