Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Short Interest Up 144.4% in January

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 325 shares, a growth of 144.4% from the December 31st total of 133 shares. Based on an average daily volume of 11,340 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 11,340 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Putnam Sustainable Leaders ETF

Several hedge funds have recently added to or reduced their stakes in the company. Elevation Capital Advisory LLC purchased a new position in shares of Putnam Sustainable Leaders ETF during the second quarter valued at approximately $230,000. Bailard Inc. boosted its holdings in Putnam Sustainable Leaders ETF by 3.5% during the 2nd quarter. Bailard Inc. now owns 60,503 shares of the company’s stock valued at $2,043,000 after acquiring an additional 2,022 shares during the period. Bond & Devick Financial Network Inc. boosted its holdings in Putnam Sustainable Leaders ETF by 14.6% during 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 period. Franklin Resources Inc. grew its position in Putnam Sustainable Leaders ETF by 4.0% in the 3rd 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 during the last quarter. Finally, Citadel Advisors LLC increased its stake in Putnam Sustainable Leaders ETF by 232.9% in the third quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock worth $756,000 after purchasing an additional 14,733 shares during the period.

Putnam Sustainable Leaders ETF Trading Down 0.2%

Shares of NYSEARCA:PLDR traded down $0.08 during mid-day trading on Friday, reaching $36.73. The stock had a trading volume of 10,882 shares, compared to its average volume of 16,434. The business’s 50 day moving average price is $37.30 and its 200 day moving average price is $36.14. Putnam Sustainable Leaders ETF has a 1 year low of $26.61 and a 1 year high of $37.85. The company has a market cap of $828.26 million, a P/E ratio of 28.96 and a beta of 1.06.

Putnam Sustainable Leaders ETF Announces Dividend

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

About Putnam Sustainable Leaders ETF

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.