Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Short Interest Up 437.0% in November

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 14,500 shares, an increase of 437.0% from the November 15th total of 2,700 shares. Based on an average daily volume of 41,900 shares, the short-interest ratio is presently 0.3 days.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Down 0.8 %

NASDAQ:LVHD traded down $0.31 during mid-day trading on Wednesday, hitting $39.79. 24,929 shares of the stock traded hands, compared to its average volume of 87,981. Franklin U.S. Low Volatility High Dividend Index ETF has a 52 week low of $34.24 and a 52 week high of $41.47. The stock has a market capitalization of $574.95 million, a price-to-earnings ratio of 16.41 and a beta of 0.76. The firm’s 50 day moving average is $40.43 and its two-hundred day moving average is $38.76.

Franklin U.S. Low Volatility High Dividend Index ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Thursday, November 7th were paid a dividend of $0.3701 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.72%.

Hedge Funds Weigh In On Franklin U.S. Low Volatility High Dividend Index ETF

A hedge fund recently raised its stake in Franklin U.S. Low Volatility High Dividend Index ETF stock. Arkadios Wealth Advisors lifted its stake in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 23.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,398 shares of the company’s stock after purchasing an additional 1,802 shares during the period. Arkadios Wealth Advisors owned about 0.07% of Franklin U.S. Low Volatility High Dividend Index ETF worth $383,000 at the end of the most recent quarter.

Franklin U.S. Low Volatility High Dividend Index ETF Company Profile

The Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is an exchange-traded fund that is based on the QS Low Volatility High Dividend index. The fund tracks an index of roughly 50-100 US stocks selected from across the market cap spectrum. Stocks are selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility.