Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) Short Interest Down 43.6% in January

Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) was the target of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 30,179 shares, a drop of 43.6% from the January 15th total of 53,526 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average trading volume of 16,045 shares, the days-to-cover ratio is presently 1.9 days. Based on an average trading volume of 16,045 shares, the days-to-cover ratio is presently 1.9 days. Approximately 3.0% of the shares of the stock are sold short.

Institutional Trading of Franklin Emerging Market Core Dividend Tilt Index ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC acquired a new position in shares of Franklin Emerging Market Core Dividend Tilt Index ETF in the second quarter valued at approximately $2,442,000. Jane Street Group LLC grew its holdings in Franklin Emerging Market Core Dividend Tilt Index ETF by 250.3% during the 1st quarter. Jane Street Group LLC now owns 86,027 shares of the company’s stock worth $2,334,000 after acquiring an additional 61,466 shares during the last quarter. Raymond James Financial Inc. increased its position in Franklin Emerging Market Core Dividend Tilt Index ETF by 656.4% in the 2nd quarter. Raymond James Financial Inc. now owns 69,911 shares of the company’s stock valued at $2,093,000 after acquiring an additional 60,669 shares during the period. LPL Financial LLC increased its position in Franklin Emerging Market Core Dividend Tilt Index ETF by 40.6% in the 4th quarter. LPL Financial LLC now owns 203,774 shares of the company’s stock valued at $6,849,000 after acquiring an additional 58,874 shares during the period. Finally, J.W. Cole Advisors Inc. bought a new position in shares of Franklin Emerging Market Core Dividend Tilt Index ETF during the fourth quarter valued at $1,315,000.

Franklin Emerging Market Core Dividend Tilt Index ETF Price Performance

DIEM traded up $0.19 during trading on Friday, hitting $37.82. 17,721 shares of the stock traded hands, compared to its average volume of 16,121. The business has a 50 day moving average price of $35.03 and a 200 day moving average price of $33.20. Franklin Emerging Market Core Dividend Tilt Index ETF has a twelve month low of $24.08 and a twelve month high of $38.54. The company has a market cap of $37.82 million, a price-to-earnings ratio of 11.48 and a beta of 0.64.

Franklin Emerging Market Core Dividend Tilt Index ETF Company Profile

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.