Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Shares Shorted: Short Interest Up 128.1% in September

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 275,582 shares, an increase of 128.1% from the September 15th total of 120,819 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 272,145 shares, the days-to-cover ratio is presently 1.0 days.

Franklin International Core Dividend Tilt Index ETF Trading Down 0.8%

NYSEARCA:DIVI traded down $0.35 during mid-day trading on Wednesday, hitting $42.17. 82,613 shares of the company’s stock were exchanged, compared to its average volume of 210,642. Franklin International Core Dividend Tilt Index ETF has a fifty-two week low of $36.79 and a fifty-two week high of $44.89. The company has a 50 day simple moving average of $43.76 and a 200-day simple moving average of $42.91. The firm has a market capitalization of $2.62 billion, a P/E ratio of 14.82 and a beta of 0.68.

Institutional Trading of Franklin International Core Dividend Tilt Index ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Mirador Capital Partners LP boosted its position in shares of Franklin International Core Dividend Tilt Index ETF by 3.3% during the third quarter. Mirador Capital Partners LP now owns 161,944 shares of the company’s stock valued at $6,909,000 after buying an additional 5,144 shares during the last quarter. Titleist Asset Management LLC increased its position in Franklin International Core Dividend Tilt Index ETF by 1.4% in the third quarter. Titleist Asset Management LLC now owns 20,457 shares of the company’s stock worth $873,000 after buying an additional 277 shares during the last quarter. OxenFree Capital LLC raised its stake in shares of Franklin International Core Dividend Tilt Index ETF by 2.8% in the third quarter. OxenFree Capital LLC now owns 35,128 shares of the company’s stock valued at $1,502,000 after buying an additional 959 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 92.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 20,950 shares of the company’s stock worth $895,000 after acquiring an additional 10,083 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in Franklin International Core Dividend Tilt Index ETF by 102.2% during the second quarter. Envestnet Asset Management Inc. now owns 756,101 shares of the company’s stock worth $32,301,000 after purchasing an additional 382,124 shares during the period.

Franklin International Core Dividend Tilt Index ETF Company Profile

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® Developed Markets ex-North America Target Market Exposure 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.