Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV) Short Interest Up 1,125.3% in January

Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 5,477 shares, an increase of 1,125.3% from the January 15th total of 447 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 7,755 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 7,755 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the company’s stock are short sold.

Franklin U.S. Dividend Multiplier Index ETF Trading Up 0.6%

Shares of XUDV stock traded up $0.17 during trading hours on Tuesday, reaching $29.05. 4,989 shares of the company’s stock were exchanged, compared to its average volume of 6,718. The stock’s 50 day moving average is $27.35 and its 200-day moving average is $26.69. Franklin U.S. Dividend Multiplier Index ETF has a fifty-two week low of $21.47 and a fifty-two week high of $29.15. The company has a market cap of $59.55 million, a price-to-earnings ratio of 14.08 and a beta of -1.16.

Institutional Trading of Franklin U.S. Dividend Multiplier Index ETF

Several hedge funds and other institutional investors have recently bought and sold shares of XUDV. Ameritas Advisory Services LLC acquired a new stake in Franklin U.S. Dividend Multiplier Index ETF during the fourth quarter valued at $294,000. Invested Advisors acquired a new position in Franklin U.S. Dividend Multiplier Index ETF in the 4th quarter valued at $556,000. Cetera Investment Advisers purchased a new position in shares of Franklin U.S. Dividend Multiplier Index ETF in the second quarter worth about $4,247,000. Envestnet Asset Management Inc. acquired a new position in shares of Franklin U.S. Dividend Multiplier Index ETF during the 2nd quarter worth approximately $5,094,000. Finally, Assetmark Inc. acquired a new position in Franklin U.S. Dividend Multiplier Index ETF during the second quarter worth $20,948,000.

Franklin U.S. Dividend Multiplier Index ETF Company Profile

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.