Short Interest in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Rises By 68.3%

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 41,621 shares, an increase of 68.3% from the May 14th total of 24,736 shares. Based on an average trading volume of 106,093 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Franklin International Core Dividend Tilt Index ETF

Institutional investors have recently bought and sold shares of the stock. Retirement Planning Group LLC raised its position in Franklin International Core Dividend Tilt Index ETF by 14.0% in the 1st quarter. Retirement Planning Group LLC now owns 5,659,717 shares of the company’s stock valued at $225,313,000 after buying an additional 695,595 shares during the last quarter. LPL Financial LLC boosted its holdings in Franklin International Core Dividend Tilt Index ETF by 5.4% during the 4th quarter. LPL Financial LLC now owns 4,659,366 shares of the company’s stock worth $181,203,000 after acquiring an additional 240,799 shares during the last quarter. Bank of America Corp DE boosted its holdings in Franklin International Core Dividend Tilt Index ETF by 14.1% during the 1st quarter. Bank of America Corp DE now owns 2,157,120 shares of the company’s stock worth $85,875,000 after acquiring an additional 266,110 shares during the last quarter. Capital Analysts LLC grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 1.7% in the 4th quarter. Capital Analysts LLC now owns 1,436,571 shares of the company’s stock worth $55,868,000 after acquiring an additional 23,804 shares in the last quarter. Finally, CWM LLC grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 14.2% in the 4th quarter. CWM LLC now owns 1,244,471 shares of the company’s stock worth $48,397,000 after acquiring an additional 154,297 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Up 0.3%

DIVI stock traded up $0.13 during mid-day trading on Monday, reaching $43.56. 206,180 shares of the company traded hands, compared to its average volume of 217,675. The firm’s 50 day moving average price is $42.35 and its 200 day moving average price is $40.94. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 14.82 and a beta of 0.68. Franklin International Core Dividend Tilt Index ETF has a fifty-two week low of $34.03 and a fifty-two week high of $43.94.

About Franklin International Core Dividend Tilt Index ETF

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.