Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV) Sees Large Decline in Short Interest

Posted by ABMN Staff on Jun 27th, 2026

Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV – Get Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 5,612 shares, a decrease of 71.7% from the May 31st total of 19,860 shares. Based on an average trading volume of 29,330 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are sold short.

Franklin U.S. Dividend Multiplier Index ETF Stock Down 0.9%

Shares of XUDV opened at $31.42 on Friday. The stock has a market capitalization of $65.98 million, a P/E ratio of 14.08 and a beta of 0.56. Franklin U.S. Dividend Multiplier Index ETF has a twelve month low of $25.30 and a twelve month high of $32.57. The company has a 50 day moving average of $30.83 and a 200-day moving average of $29.00.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Invested Advisors bought a new stake in Franklin U.S. Dividend Multiplier Index ETF during the 4th quarter worth about $556,000. Cetera Investment Advisers boosted its stake in shares of Franklin U.S. Dividend Multiplier Index ETF by 1.0% during the 4th quarter. Cetera Investment Advisers now owns 173,032 shares of the company’s stock worth $4,582,000 after buying an additional 1,769 shares during the last quarter. Franklin Resources Inc. bought a new position in shares of Franklin U.S. Dividend Multiplier Index ETF in the 4th quarter valued at about $15,625,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of Franklin U.S. Dividend Multiplier Index ETF in the 4th quarter valued at about $294,000.

About Franklin U.S. Dividend Multiplier Index ETF

(Get Free Report)

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.