Franklin ClearBridge Enhanced Income ETF (NASDAQ:YLDE – Get Free Report) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 20,532 shares, an increase of 230.3% from the June 15th total of 6,217 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 12,261 shares, the days-to-cover ratio is presently 1.7 days.
Franklin ClearBridge Enhanced Income ETF Stock Performance
YLDE stock opened at $56.71 on Monday. The stock has a market capitalization of $164.46 million, a P/E ratio of 21.02 and a beta of 0.77. Franklin ClearBridge Enhanced Income ETF has a one year low of $49.40 and a one year high of $58.77. The company has a 50 day moving average price of $55.64 and a two-hundred day moving average price of $55.48.
Franklin ClearBridge Enhanced Income ETF Increases Dividend
The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.3162 per share. This represents a c) annualized dividend and a dividend yield of 6.7%. This is a positive change from Franklin ClearBridge Enhanced Income ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, July 1st.
Hedge Funds Weigh In On Franklin ClearBridge Enhanced Income ETF
About Franklin ClearBridge Enhanced Income ETF
The ClearBridge Dividend Strategy ESG ETF (YLDE) is an exchange-traded fund that is based on the S&P 500 ESG index. The fund is an actively managed fund that seeks income, growth of income, and long-term capital appreciation. The fund focuses on global large-cap stocks with attractive dividends and positive ESG attributes. YLDE was launched on May 22, 2017 and is managed by Franklin Templeton.
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