Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Shares Shorted: Short Interest Up 128.1% in September

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 275,582 shares, a growth of 128.1% from the September 15th total of 120,819 shares. Based on an average daily trading volume, of 272,145 shares, the short-interest ratio is presently 1.0 days. Currently, 0.4% of the company’s stock are sold short.

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

Several hedge funds and other institutional investors have recently modified their holdings of DIVI. Johnson Financial Group Inc. acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF during the first quarter worth approximately $33,000. Rockefeller Capital Management L.P. bought a new position in shares of Franklin International Core Dividend Tilt Index ETF in the 4th quarter worth $139,000. NFSG Corp grew its position in Franklin International Core Dividend Tilt Index ETF by 78.3% in the 1st quarter. NFSG Corp now owns 4,230 shares of the company’s stock valued at $168,000 after purchasing an additional 1,857 shares during the period. Earned Wealth Advisors LLC acquired a new stake in Franklin International Core Dividend Tilt Index ETF in the 1st quarter valued at $215,000. Finally, Independent Financial Group LLC acquired a new stake in Franklin International Core Dividend Tilt Index ETF in the 1st quarter valued at $244,000.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Shares of NYSEARCA:DIVI opened at $42.26 on Tuesday. The business’s 50 day simple moving average is $43.80 and its two-hundred day simple moving average is $42.89. The firm has a market cap of $2.62 billion, a P/E ratio of 14.82 and a beta of 0.68. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $36.79 and a 52-week high of $44.89.

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.