Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Short Interest Update

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 325 shares, an increase of 144.4% from the December 31st total of 133 shares. Based on an average trading volume of 11,340 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 11,340 shares, the days-to-cover ratio is presently 0.0 days.

Putnam Sustainable Leaders ETF Stock Performance

PLDR traded down $0.08 on Friday, hitting $36.73. The company had a trading volume of 10,882 shares, compared to its average volume of 16,434. The stock has a market capitalization of $828.26 million, a price-to-earnings ratio of 28.96 and a beta of 1.06. Putnam Sustainable Leaders ETF has a 12-month low of $26.61 and a 12-month high of $37.85. The stock has a fifty day moving average price of $37.30 and a 200-day moving average price of $36.14.

Putnam Sustainable Leaders ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were issued a $0.1386 dividend. This represents a yield of 37.0%. The ex-dividend date was Friday, December 19th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bailard Inc. grew its position in Putnam Sustainable Leaders ETF by 3.5% during the 2nd quarter. Bailard Inc. now owns 60,503 shares of the company’s stock worth $2,043,000 after purchasing an additional 2,022 shares during the period. Elevation Capital Advisory LLC purchased a new stake in shares of Putnam Sustainable Leaders ETF in the second quarter worth about $230,000. Citadel Advisors LLC boosted its stake in shares of Putnam Sustainable Leaders ETF by 232.9% in the third quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock worth $756,000 after buying an additional 14,733 shares during the last quarter. Franklin Resources Inc. grew its holdings in Putnam Sustainable Leaders ETF by 4.0% during the third quarter. Franklin Resources Inc. now owns 21,830,548 shares of the company’s stock worth $783,263,000 after acquiring an additional 831,613 shares during the period. Finally, Bond & Devick Financial Network Inc. raised its position in Putnam Sustainable Leaders ETF by 14.6% during the third quarter. Bond & Devick Financial Network Inc. now owns 42,374 shares of the company’s stock valued at $1,520,000 after acquiring an additional 5,389 shares in the last quarter.

Putnam Sustainable Leaders ETF Company Profile

The Putnam Sustainable Leaders ETF (PLDR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent fund with exposure to US companies selected for their commitment to sustainable business practices. The fund utilizes the Fidelity non-transparent model. PLDR was launched on May 25, 2021 and is managed by Putnam.