Putnam ESG Core Bond ETF (NYSEARCA:PCRB) Short Interest Up 787.3% in December

Putnam ESG Core Bond ETF (NYSEARCA:PCRB) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,189 shares, an increase of 787.3% from the December 15th total of 134 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 35,982 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 35,982 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Putnam ESG Core Bond ETF Price Performance

Shares of NYSEARCA:PCRB opened at $49.43 on Tuesday. Putnam ESG Core Bond ETF has a 12-month low of $47.47 and a 12-month high of $50.08. The business has a 50-day moving average price of $49.44 and a 200 day moving average price of $49.28.

Putnam ESG Core Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were given a dividend of $0.197 per share. This is a boost from Putnam ESG Core Bond ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Friday, December 19th.

Hedge Funds Weigh In On Putnam ESG Core Bond ETF

Several large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. acquired a new stake in Putnam ESG Core Bond ETF in the 3rd quarter valued at approximately $36,000. Riverwater Partners LLC lifted its stake in Putnam ESG Core Bond ETF by 9.3% during the third quarter. Riverwater Partners LLC now owns 55,951 shares of the company’s stock worth $2,764,000 after purchasing an additional 4,773 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Putnam ESG Core Bond ETF during the third quarter worth $1,303,000. Susquehanna International Group LLP purchased a new position in shares of Putnam ESG Core Bond ETF during the third quarter worth $10,145,000. Finally, Jane Street Group LLC grew its stake in shares of Putnam ESG Core Bond ETF by 1,753.6% in the first quarter. Jane Street Group LLC now owns 300,809 shares of the company’s stock valued at $14,692,000 after buying an additional 284,581 shares in the last quarter.

About Putnam ESG Core Bond ETF

The Putnam ESG Core Bond ETF (PCRB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund broadly invests in investment grade US fixed income securities that meet certain environmental, social and governance criteria on a sector-specific basis. The actively managed targets bonds with maturities of three years or more. PCRB was launched on Jan 19, 2023 and is managed by Putnam.