Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) Sees Large Increase in Short Interest

Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 12,295 shares, a growth of 2,211.1% from the November 30th total of 532 shares. Based on an average daily trading volume, of 7,230 shares, the short-interest ratio is currently 1.7 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 7,230 shares, the short-interest ratio is currently 1.7 days.

Putnam PanAgora ESG International Equity ETF Trading Up 0.1%

PPIE traded up $0.02 on Wednesday, hitting $27.01. 19,919 shares of the company’s stock were exchanged, compared to its average volume of 16,909. The stock has a fifty day moving average of $28.42 and a two-hundred day moving average of $27.58. Putnam PanAgora ESG International Equity ETF has a twelve month low of $21.35 and a twelve month high of $29.22. The firm has a market cap of $256.05 million, a PE ratio of 14.65 and a beta of 0.62.

Putnam PanAgora ESG International Equity ETF Dividend Announcement

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Putnam PanAgora ESG International Equity ETF stock. Franklin Resources Inc. boosted its stake in Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) by 4.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,359,175 shares of the company’s stock after buying an additional 399,781 shares during the period. Franklin Resources Inc. owned 98.73% of Putnam PanAgora ESG International Equity ETF worth $262,428,000 as of its most recent SEC filing.

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.