Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Short Interest Update

Posted by Maddie Sorensen on Dec 2nd, 2024

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Get Free Report) was the target of a significant decline in short interest in the month of 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 trading volume of 47,800 shares, the days-to-cover ratio is currently 0.1 days.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Performance

Shares of LVHD stock traded up $0.01 during trading hours on Friday, hitting $41.25. The company had a trading volume of 12,426 shares, compared to its average volume of 89,888. Franklin U.S. Low Volatility High Dividend Index ETF has a 12 month low of $34.24 and a 12 month high of $41.47. The firm’s fifty day moving average is $40.44 and its 200 day moving average is $38.57. The firm has a market capitalization of $596.00 million, a price-to-earnings ratio of 16.41 and a beta of 0.76.

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

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, November 7th were paid a $0.3701 dividend. This represents a $1.48 annualized dividend and a yield of 3.59%. The ex-dividend date was Thursday, November 7th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Franklin U.S. Low Volatility High Dividend Index ETF stock. Lynx Investment Advisory acquired a new position in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,680 shares of the company’s stock, valued at approximately $96,000.

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

(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.