Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 1,138 shares, a growth of 168.4% from the September 30th total of 424 shares. Based on an average daily volume of 9,527 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
Institutional Trading of Franklin U.S. Dividend Multiplier Index ETF
An institutional investor recently raised its position in Franklin U.S. Dividend Multiplier Index ETF stock. Invested Advisors increased its stake in Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV – Free Report) by 16.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 24,422 shares of the company’s stock after purchasing an additional 3,498 shares during the period. Invested Advisors owned approximately 1.02% of Franklin U.S. Dividend Multiplier Index ETF worth $765,000 as of its most recent filing with the SEC.
Franklin U.S. Dividend Multiplier Index ETF Stock Up 1.3%
Shares of XUDV traded up $0.44 during mid-day trading on Thursday, hitting $33.19. 4,042 shares of the company’s stock were exchanged, compared to its average volume of 8,839. Franklin U.S. Dividend Multiplier Index ETF has a 52 week low of $25.30 and a 52 week high of $34.03. The stock’s 50-day simple moving average is $32.68 and its 200-day simple moving average is $30.79. The firm has a market cap of $79.66 million, a price-to-earnings ratio of 14.08 and a beta of 0.60.
About Franklin U.S. Dividend Multiplier Index ETF
The Franklin U.S. Dividend Multiplier Index ETF (XUDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of US large-cap companies that employs an optimizer aimed to deliver high dividend yield balanced against volatility. XUDV was launched on Jan 21, 2025 and is issued by Franklin Templeton.
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