Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) Short Interest Update

Franklin Emerging Market Core Dividend Tilt Index ETF (NYSEARCA:DIEM) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 44,904 shares, a growth of 30.0% from the February 12th total of 34,529 shares. Based on an average daily volume of 16,219 shares, the short-interest ratio is currently 2.8 days. Approximately 4.5% of the company’s shares are short sold. Approximately 4.5% of the company’s shares are short sold. Based on an average daily volume of 16,219 shares, the short-interest ratio is currently 2.8 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Cetera Investment Advisers bought a new stake in shares of Franklin Emerging Market Core Dividend Tilt Index ETF in the 4th quarter valued at about $274,000. Osaic Holdings Inc. grew its position in Franklin Emerging Market Core Dividend Tilt Index ETF by 674.7% during the 4th quarter. Osaic Holdings Inc. now owns 9,622 shares of the company’s stock worth $323,000 after acquiring an additional 8,380 shares during the last quarter. Capital Analysts LLC increased its stake in Franklin Emerging Market Core Dividend Tilt Index ETF by 40.7% in the 4th quarter. Capital Analysts LLC now owns 3,276 shares of the company’s stock worth $110,000 after purchasing an additional 947 shares during the period. LPL Financial LLC increased its stake in Franklin Emerging Market Core Dividend Tilt Index ETF by 40.6% in the 4th quarter. LPL Financial LLC now owns 203,774 shares of the company’s stock worth $6,849,000 after purchasing an additional 58,874 shares during the period. Finally, O Shaughnessy Asset Management LLC lifted its position in Franklin Emerging Market Core Dividend Tilt Index ETF by 62.6% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 15,670 shares of the company’s stock valued at $527,000 after purchasing an additional 6,031 shares during the last quarter.

Franklin Emerging Market Core Dividend Tilt Index ETF Stock Performance

NYSEARCA:DIEM traded up $0.01 during trading hours on Friday, reaching $35.61. The company’s stock had a trading volume of 2,672 shares, compared to its average volume of 14,561. The firm has a market capitalization of $35.61 million, a price-to-earnings ratio of 11.48 and a beta of 0.64. The firm has a 50-day simple moving average of $36.59 and a 200-day simple moving average of $34.08. Franklin Emerging Market Core Dividend Tilt Index ETF has a 1 year low of $24.08 and a 1 year high of $39.03.

About Franklin Emerging Market Core Dividend Tilt Index ETF

Under normal market conditions, 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® Emerging Markets Target Market Exposure Index (Parent 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.