Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Short Interest Down 22.9% in November

Posted by Latisha Jones on Nov 30th, 2024

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Get Free Report) saw a large decline in short interest in November. As of November 15th, there was short interest totalling 2,700 shares, a decline of 22.9% from the October 31st total of 3,500 shares. Based on an average daily volume of 47,800 shares, the short-interest ratio is presently 0.1 days.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Up 0.0 %

NASDAQ:LVHD traded up $0.01 on Friday, reaching $41.25. The stock had a trading volume of 12,426 shares, compared to its average volume of 89,888. The company has a market capitalization of $596.00 million, a P/E ratio of 16.41 and a beta of 0.76. Franklin U.S. Low Volatility High Dividend Index ETF has a 1-year low of $34.24 and a 1-year high of $41.47. The stock has a fifty day moving average price of $40.44 and a 200-day moving average price of $38.56.

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 issued a $0.3701 dividend. This represents a $1.48 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend was Thursday, November 7th.

Institutional Investors 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 shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Free Report) by 23.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,398 shares of the company’s stock after purchasing an additional 1,802 shares during the period. Arkadios Wealth Advisors owned approximately 0.07% of Franklin U.S. Low Volatility High Dividend Index ETF worth $383,000 at the end of the most recent reporting period.

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

(Get Free Report)

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.