Short Interest in Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) Drops By 29.3%

Franklin International Dividend Multiplier Index ETF (NYSEARCA:XIDV) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 1,429 shares, a drop of 29.3% from the January 15th total of 2,020 shares. Based on an average daily trading volume, of 1,069 shares, the short-interest ratio is currently 1.3 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,069 shares, the short-interest ratio is currently 1.3 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of XIDV. Franklin Resources Inc. bought a new stake in Franklin International Dividend Multiplier Index ETF in the 4th quarter valued at $28,944,000. Assetmark Inc. bought a new position in shares of Franklin International Dividend Multiplier Index ETF during the 2nd quarter worth about $13,387,000. Envestnet Asset Management Inc. acquired a new stake in shares of Franklin International Dividend Multiplier Index ETF during the 2nd quarter valued at about $3,303,000. Cetera Investment Advisers acquired a new stake in shares of Franklin International Dividend Multiplier Index ETF during the 2nd quarter valued at about $2,754,000. Finally, Invested Advisors bought a new stake in Franklin International Dividend Multiplier Index ETF in the fourth quarter valued at about $372,000.

Franklin International Dividend Multiplier Index ETF Stock Down 0.2%

Franklin International Dividend Multiplier Index ETF stock traded down $0.07 during trading hours on Friday, hitting $36.97. The stock had a trading volume of 1,293 shares, compared to its average volume of 1,793. The company has a 50-day moving average of $34.78 and a two-hundred day moving average of $33.22. The company has a market cap of $62.85 million, a PE ratio of 12.12 and a beta of 0.79. Franklin International Dividend Multiplier Index ETF has a fifty-two week low of $25.19 and a fifty-two week high of $37.41.

Franklin International Dividend Multiplier Index ETF Company Profile

The Franklin International Dividend Multiplier Index ETF (XIDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of large- and mid-cap companies from developed markets, excluding the US. The fund uses an optimizer that aims for high dividend yield balanced against volatility relative to the broad international equity market. XIDV was launched on Jan 21, 2025 and is issued by Franklin Templeton.