Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Short Interest Down 34.7% in January

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 136,133 shares, a drop of 34.7% from the December 31st total of 208,511 shares. Based on an average daily volume of 212,067 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 212,067 shares, the days-to-cover ratio is presently 0.6 days.

Franklin International Core Dividend Tilt Index ETF Trading Down 0.8%

Shares of DIVI traded down $0.34 on Friday, reaching $41.10. 402,282 shares of the company’s stock traded hands, compared to its average volume of 243,874. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $28.70 and a 52-week high of $41.61. The stock’s 50 day simple moving average is $39.37 and its two-hundred day simple moving average is $37.86. The stock has a market cap of $2.21 billion, a PE ratio of 14.82 and a beta of 0.71.

Institutional Trading of Franklin International Core Dividend Tilt Index ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Cornerstone Wealth Management LLC boosted its holdings in Franklin International Core Dividend Tilt Index ETF by 1.1% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 26,384 shares of the company’s stock valued at $984,000 after acquiring an additional 277 shares during the period. Stratos Wealth Partners LTD. boosted its position in shares of Franklin International Core Dividend Tilt Index ETF by 5.3% during the second quarter. Stratos Wealth Partners LTD. now owns 7,488 shares of the company’s stock valued at $267,000 after purchasing an additional 377 shares in the last quarter. LOM Asset Management Ltd lifted its position in Franklin International Core Dividend Tilt Index ETF by 5.9% during the 3rd quarter. LOM Asset Management Ltd now owns 7,575 shares of the company’s stock valued at $283,000 after acquiring an additional 420 shares during the period. Bank of Montreal Can increased its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 6.9% during the second quarter. Bank of Montreal Can now owns 6,773 shares of the company’s stock valued at $241,000 after acquiring an additional 438 shares in the last quarter. Finally, Stratos Investment Management LLC increased its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 3.2% in the 4th quarter. Stratos Investment Management LLC now owns 17,721 shares of the company’s stock worth $689,000 after purchasing an additional 554 shares in the last quarter.

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.