Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Short Interest Up 265.7% in January

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 497,790 shares, an increase of 265.7% from the January 15th total of 136,133 shares. Based on an average daily volume of 275,782 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.9% of the shares of the company are sold short. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 275,782 shares, the days-to-cover ratio is presently 1.8 days.

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

A number of institutional investors have recently bought and sold shares of DIVI. AllGen Financial Advisors Inc. grew its position in Franklin International Core Dividend Tilt Index ETF by 20.8% in the 3rd quarter. AllGen Financial Advisors Inc. now owns 366,104 shares of the company’s stock valued at $13,659,000 after acquiring an additional 62,981 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Franklin International Core Dividend Tilt Index ETF by 30.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 156,803 shares of the company’s stock worth $5,813,000 after acquiring an additional 36,730 shares in the last quarter. Prepared Retirement Institute LLC lifted its holdings in Franklin International Core Dividend Tilt Index ETF by 16.9% during the third quarter. Prepared Retirement Institute LLC now owns 133,508 shares of the company’s stock worth $4,981,000 after buying an additional 19,285 shares during the period. Baron Wealth Management LLC boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 4.2% in the 3rd quarter. Baron Wealth Management LLC now owns 707,015 shares of the company’s stock valued at $26,379,000 after buying an additional 28,311 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in Franklin International Core Dividend Tilt Index ETF by 9.5% in the second quarter. Cetera Investment Advisers now owns 636,711 shares of the company’s stock worth $22,692,000 after purchasing an additional 55,277 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Down 0.1%

Franklin International Core Dividend Tilt Index ETF stock traded down $0.04 during mid-day trading on Friday, reaching $42.45. The company had a trading volume of 254,580 shares, compared to its average volume of 264,353. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 14.82 and a beta of 0.71. The company has a 50 day moving average of $40.13 and a 200-day moving average of $38.30. Franklin International Core Dividend Tilt Index ETF has a 52 week low of $28.70 and a 52 week high of $42.93.

Franklin International Core Dividend Tilt Index ETF Company Profile

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.