Short Interest in Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Drops By 99.1%
by Doug Wharley · The Cerbat GemPutnam Sustainable Leaders ETF (NYSEARCA:PLDR – Get Free Report) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 133 shares, a drop of 99.1% from the December 15th total of 14,436 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 51,358 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 51,358 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.
Hedge Funds Weigh In On Putnam Sustainable Leaders ETF
A number of large investors have recently modified their holdings of PLDR. Franklin Resources Inc. grew its holdings in shares of Putnam Sustainable Leaders ETF by 4.0% during the 3rd quarter. Franklin Resources Inc. now owns 21,830,548 shares of the company’s stock worth $783,263,000 after purchasing an additional 831,613 shares during the period. Bailard Inc. lifted its position in Putnam Sustainable Leaders ETF by 3.6% during the third quarter. Bailard Inc. now owns 62,652 shares of the company’s stock valued at $2,248,000 after buying an additional 2,149 shares in the last quarter. Bond & Devick Financial Network Inc. lifted 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 buying an additional 5,389 shares in the last quarter. Citadel Advisors LLC grew its stake in Putnam Sustainable Leaders ETF by 232.9% during 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 period. Finally, Elevation Capital Advisory LLC acquired a new stake in shares of Putnam Sustainable Leaders ETF in the second quarter worth $230,000.
Putnam Sustainable Leaders ETF Trading Down 0.1%
Shares of PLDR traded down $0.04 during mid-day trading on Monday, reaching $37.72. The company had a trading volume of 17,283 shares, compared to its average volume of 11,598. Putnam Sustainable Leaders ETF has a fifty-two week low of $26.61 and a fifty-two week high of $37.85. The firm has a fifty day simple moving average of $37.18 and a 200-day simple moving average of $35.88. The stock has a market cap of $849.45 million, a price-to-earnings ratio of 28.96 and a beta of 1.06.
Putnam Sustainable Leaders ETF Dividend Announcement
The company also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were given a dividend of $0.1386 per share. This represents a yield of 37.0%. The ex-dividend date of this dividend was Friday, December 19th.
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.