Putnam Municipal Opportunities Trust (NYSE:PMO – Get Free Report) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 7,800 shares, a drop of 43.5% from the March 31st total of 13,800 shares. Based on an average trading volume of 91,900 shares, the days-to-cover ratio is currently 0.1 days.
Hedge Funds Weigh In On Putnam Municipal Opportunities Trust
A number of hedge funds have recently modified their holdings of PMO. UMB Bank n.a. acquired a new stake in shares of Putnam Municipal Opportunities Trust during the 4th quarter worth about $28,000. Financial Network Wealth Management LLC bought a new position in shares of Putnam Municipal Opportunities Trust in the fourth quarter valued at approximately $115,000. Moody National Bank Trust Division acquired a new position in shares of Putnam Municipal Opportunities Trust in the 4th quarter worth approximately $119,000. Summit Trail Advisors LLC acquired a new position in shares of Putnam Municipal Opportunities Trust in the 4th quarter worth approximately $128,000. Finally, Simon Quick Advisors LLC bought a new stake in Putnam Municipal Opportunities Trust during the 4th quarter worth approximately $135,000. 20.40% of the stock is owned by institutional investors and hedge funds.
Putnam Municipal Opportunities Trust Price Performance
Shares of Putnam Municipal Opportunities Trust stock traded up $0.01 during trading on Friday, hitting $9.77. 53,313 shares of the company’s stock traded hands, compared to its average volume of 87,640. Putnam Municipal Opportunities Trust has a twelve month low of $8.57 and a twelve month high of $10.57. The firm’s fifty day moving average price is $10.10 and its 200 day moving average price is $9.96.
Putnam Municipal Opportunities Trust Announces Dividend
Putnam Municipal Opportunities Trust Company Profile
Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in fixed income markets of United States. The fund invests in companies operating across healthcare, utilities, transportation, water and sewer, and housing sectors.
Read More
- Five stocks we like better than Putnam Municipal Opportunities Trust
- 3 Fintech Stocks With Good 2021 Prospects
- 3 Stocks Leading the U.S. Agriculture Comeback
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- How to Use Put Debit Spreads to Profit From Falling Stocks
- What Are the U.K. Market Holidays? How to Invest and Trade
- Alphabet Changes the Narrative with Its First-Ever Dividend
Receive News & Ratings for Putnam Municipal Opportunities Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam Municipal Opportunities Trust and related companies with MarketBeat.com's FREE daily email newsletter.