Short Interest in Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Drops By 72.2%

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) was the recipient of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 3,265 shares, a decrease of 72.2% from the February 12th total of 11,740 shares. Based on an average trading volume of 1,673,501 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,673,501 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Putnam Sustainable Leaders ETF

Hedge funds have recently made changes to their positions in the business. Royal Bank of Canada purchased a new position in shares of Putnam Sustainable Leaders ETF during the fourth quarter valued at about $728,000. Citadel Advisors LLC grew its stake in shares of Putnam Sustainable Leaders ETF by 232.9% during the third quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock valued at $756,000 after buying an additional 14,733 shares during the last quarter. Bond & Devick Financial Network Inc. grew its position in Putnam Sustainable Leaders ETF by 14.6% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 42,374 shares of the company’s stock valued at $1,520,000 after acquiring an additional 5,389 shares during the last quarter. Bailard Inc. increased its stake in Putnam Sustainable Leaders ETF by 3.5% in the 2nd quarter. Bailard Inc. now owns 60,503 shares of the company’s stock worth $2,043,000 after buying an additional 2,022 shares during the period. Finally, Franklin Resources Inc. raised its stake in shares of Putnam Sustainable Leaders ETF by 4.0% during the third quarter. Franklin Resources Inc. now owns 21,830,548 shares of the company’s stock valued at $783,263,000 after acquiring an additional 831,613 shares in the last quarter.

Putnam Sustainable Leaders ETF Stock Performance

Putnam Sustainable Leaders ETF stock traded down $0.56 during mid-day trading on Thursday, reaching $34.58. The company’s stock had a trading volume of 4 shares, compared to its average volume of 326,681. The firm’s fifty day moving average price is $36.46 and its two-hundred day moving average price is $36.44. The company has a market capitalization of $779.78 million, a P/E ratio of 28.96 and a beta of 1.06. Putnam Sustainable Leaders ETF has a 12-month low of $26.61 and a 12-month high of $37.85.

Putnam Sustainable Leaders ETF Dividend Announcement

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