Putnam Emerging Markets ex-China ETF (NYSEARCA:PEMX) Short Interest Down 75.0% in September

Putnam Emerging Markets ex-China ETF (NYSEARCA:PEMX) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 100 shares, a decrease of 75.0% from the September 15th total of 400 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 900 shares, the short-interest ratio is presently 0.1 days.

Putnam Emerging Markets ex-China ETF Stock Performance

Shares of NYSEARCA:PEMX opened at $65.53 on Friday. The stock has a market capitalization of $16.38 million, a price-to-earnings ratio of 15.37 and a beta of 0.73. Putnam Emerging Markets ex-China ETF has a 1-year low of $45.90 and a 1-year high of $65.72. The company’s fifty day moving average is $62.24 and its two-hundred day moving average is $57.86.

Institutional Trading of Putnam Emerging Markets ex-China ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. OLD Mission Capital LLC increased its holdings in shares of Putnam Emerging Markets ex-China ETF by 10.2% in the 1st quarter. OLD Mission Capital LLC now owns 8,768 shares of the company’s stock worth $439,000 after acquiring an additional 808 shares during the period. Jane Street Group LLC acquired a new stake in shares of Putnam Emerging Markets ex-China ETF in the 1st quarter worth about $345,000. Fortis Capital Advisors LLC acquired a new stake in shares of Putnam Emerging Markets ex-China ETF in the 1st quarter worth about $318,000. Belpointe Asset Management LLC acquired a new stake in shares of Putnam Emerging Markets ex-China ETF in the 1st quarter worth about $318,000. Finally, Castle Wealth Management LLC increased its holdings in shares of Putnam Emerging Markets ex-China ETF by 1,416.0% in the 2nd quarter. Castle Wealth Management LLC now owns 130,844 shares of the company’s stock worth $7,757,000 after acquiring an additional 122,213 shares during the period.

About Putnam Emerging Markets ex-China ETF

The Putnam Emerging Markets ex-China ETF (PEMX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that pursues alpha over a full market cycle through fundamental research in emerging markets, excluding China. The fund targets a portfolio comprised of value and/or growth stocks.