Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Large Increase in Short Interest

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 8,531 shares, an increase of 2,524.9% from the January 15th total of 325 shares. Based on an average daily trading volume, of 21,600 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,600 shares, the short-interest ratio is presently 0.4 days.

Putnam Sustainable Leaders ETF Price Performance

PLDR opened at $36.61 on Wednesday. The stock’s 50 day simple moving average is $37.19 and its 200 day simple moving average is $36.28. The stock has a market cap of $825.56 million, a P/E ratio of 28.96 and a beta of 1.06. Putnam Sustainable Leaders ETF has a 1-year low of $26.61 and a 1-year high of $37.85.

Putnam Sustainable Leaders ETF Dividend Announcement

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

Institutional Investors Weigh In On Putnam Sustainable Leaders ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bailard Inc. increased its position in Putnam Sustainable Leaders ETF by 1.8% during the fourth quarter. Bailard Inc. now owns 63,803 shares of the company’s stock worth $2,374,000 after buying an additional 1,151 shares in the last quarter. Citadel Advisors LLC increased its position in Putnam Sustainable Leaders ETF by 232.9% during the 3rd quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock worth $756,000 after purchasing an additional 14,733 shares in the last quarter. Franklin Resources Inc. boosted its stake 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 last quarter. Bond & Devick Financial Network Inc. grew its holdings in shares of 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 worth $1,520,000 after buying an additional 5,389 shares in the last quarter. Finally, Elevation Capital Advisory LLC purchased a new stake in shares of Putnam Sustainable Leaders ETF during the second quarter worth about $230,000.

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.