Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Short Interest Up 338.7% in July

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 548,544 shares, a growth of 338.7% from the June 30th total of 125,044 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 590,513 shares, the short-interest ratio is currently 0.9 days.

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

Institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its stake in Franklin International Low Volatility High Dividend Index ETF by 81.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,483 shares of the company’s stock worth $309,000 after purchasing an additional 4,258 shares during the period. Vista Capital Partners Inc. bought a new position in Franklin International Low Volatility High Dividend Index ETF during the 2nd quarter worth about $392,000. Ameriprise Financial Inc. raised its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 50.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,617,080 shares of the company’s stock valued at $52,639,000 after purchasing an additional 543,539 shares during the period. Sunbelt Securities Inc. raised its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 1,088.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 9,567 shares of the company’s stock valued at $332,000 after purchasing an additional 8,762 shares during the period. Finally, Nova Wealth Management Inc. raised its stake in shares of Franklin International Low Volatility High Dividend Index ETF by 64.6% in the 4th quarter. Nova Wealth Management Inc. now owns 53,117 shares of the company’s stock valued at $1,956,000 after purchasing an additional 20,843 shares during the period.

Franklin International Low Volatility High Dividend Index ETF Stock Performance

Shares of LVHI opened at $42.45 on Friday. The firm has a market cap of $3.61 billion, a P/E ratio of 11.36 and a beta of 0.45. Franklin International Low Volatility High Dividend Index ETF has a twelve month low of $32.86 and a twelve month high of $42.55. The firm’s 50 day moving average price is $41.10 and its two-hundred day moving average price is $40.29.

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.