Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) Short Interest Down 22.8% in January

Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) was the target of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 12,760 shares, a decrease of 22.8% from the January 15th total of 16,527 shares. Based on an average daily volume of 9,809 shares, the short-interest ratio is presently 1.3 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 9,809 shares, the short-interest ratio is presently 1.3 days.

Putnam PanAgora ESG International Equity ETF Trading Up 0.1%

NYSEARCA:PPIE traded up $0.02 during midday trading on Friday, hitting $28.97. 1,813 shares of the company traded hands, compared to its average volume of 7,887. The firm has a market capitalization of $295.49 million, a P/E ratio of 14.65 and a beta of 0.62. The firm’s fifty day moving average is $27.96 and its 200-day moving average is $27.92. Putnam PanAgora ESG International Equity ETF has a 12-month low of $21.35 and a 12-month high of $29.30.

Putnam PanAgora ESG International Equity ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a $2.2682 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a dividend yield of 847.0%.

Hedge Funds Weigh In On Putnam PanAgora ESG International Equity ETF

A hedge fund recently raised its stake in Putnam PanAgora ESG International Equity ETF stock. Franklin Resources Inc. boosted its position in Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) by 4.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,785,868 shares of the company’s stock after purchasing an additional 426,693 shares during the period. Franklin Resources Inc. owned approximately 95.94% of Putnam PanAgora ESG International Equity ETF worth $264,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Putnam PanAgora ESG International Equity ETF Company Profile

The Putnam Panagora ESG International Equity ETF (PPIE) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in developed international companies of any capitalization, excluding the US. Selected companies are perceived to possess positive environmental, social, and governance criteria. PPIE was launched on Jan 19, 2023 and is managed by Putnam.