Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Short Interest Update

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 846,508 shares, an increase of 257.8% from the April 15th total of 236,586 shares. Based on an average daily trading volume, of 696,245 shares, the short-interest ratio is presently 1.2 days. Currently, 1.0% of the company’s shares are sold short.

Franklin International Low Volatility High Dividend Index ETF Trading Up 0.5%

LVHI stock opened at $41.38 on Friday. Franklin International Low Volatility High Dividend Index ETF has a 1-year low of $32.16 and a 1-year high of $41.70. The firm has a market cap of $3.52 billion, a PE ratio of 11.36 and a beta of 0.45. The business’s 50-day moving average price is $40.41 and its two-hundred day moving average price is $38.62.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC raised its position in shares of Franklin International Low Volatility High Dividend Index ETF by 275.5% in the first quarter. Parallel Advisors LLC now owns 1,363 shares of the company’s stock valued at $55,000 after purchasing an additional 1,000 shares during the period. Bank of New York Mellon Corp bought a new position in Franklin International Low Volatility High Dividend Index ETF in the 1st quarter valued at about $267,000. Ethos Financial Group LLC increased its stake in Franklin International Low Volatility High Dividend Index ETF by 27.2% in the first quarter. Ethos Financial Group LLC now owns 171,465 shares of the company’s stock valued at $6,951,000 after acquiring an additional 36,685 shares during the last quarter. Torren Management LLC bought a new position in shares of Franklin International Low Volatility High Dividend Index ETF in the 1st quarter valued at $33,000. Finally, Sound Income Strategies LLC bought a new position in Franklin International Low Volatility High Dividend Index ETF in the first quarter valued at about $119,000.

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.