Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Short Interest Up 119.3% in April

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 136,577 shares, a growth of 119.3% from the March 31st total of 62,287 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 180,615 shares, the short-interest ratio is currently 0.8 days.

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

Institutional investors have recently modified their holdings of the stock. Sunbelt Securities Inc. grew its stake in Franklin International Core Dividend Tilt Index ETF by 677.6% in the third quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock worth $25,000 after purchasing an additional 576 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new stake in Franklin International Core Dividend Tilt Index ETF during the third quarter valued at approximately $29,000. Fifth Third Bancorp acquired a new stake in Franklin International Core Dividend Tilt Index ETF during the third quarter valued at approximately $32,000. Assetmark Inc. lifted its holdings in Franklin International Core Dividend Tilt Index ETF by 950.0% during the 4th quarter. Assetmark Inc. now owns 945 shares of the company’s stock worth $37,000 after buying an additional 855 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in Franklin International Core Dividend Tilt Index ETF by 30.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,082 shares of the company’s stock worth $42,000 after buying an additional 250 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Trading Down 0.2%

NYSEARCA DIVI traded down $0.09 during mid-day trading on Tuesday, reaching $41.61. 42,086 shares of the company’s stock traded hands, compared to its average volume of 240,447. Franklin International Core Dividend Tilt Index ETF has a 1-year low of $33.39 and a 1-year high of $43.21. The company has a fifty day simple moving average of $41.05 and a 200-day simple moving average of $39.83. The company has a market cap of $2.41 billion, a price-to-earnings ratio of 14.82 and a beta of 0.69.

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.