Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Large Increase in Short Interest

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 11,740 shares, a growth of 37.6% from the January 29th total of 8,531 shares. Based on an average daily volume of 27,577 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 27,577 shares, the short-interest ratio is currently 0.4 days.

Putnam Sustainable Leaders ETF Stock Up 0.2%

Shares of PLDR traded up $0.06 during midday trading on Monday, hitting $35.93. The company’s stock had a trading volume of 1,057 shares, compared to its average volume of 391,649. Putnam Sustainable Leaders ETF has a one year low of $26.61 and a one year high of $37.85. The stock has a market capitalization of $810.22 million, a price-to-earnings ratio of 28.96 and a beta of 1.06. The company’s fifty day simple moving average is $36.83 and its two-hundred day simple moving average is $36.42.

Putnam Sustainable Leaders ETF Announces Dividend

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

Institutional Investors Weigh In On Putnam Sustainable Leaders ETF

A number of hedge funds have recently made changes to their positions in PLDR. Royal Bank of Canada acquired a new stake in Putnam Sustainable Leaders ETF in the fourth quarter valued at approximately $728,000. Franklin Resources Inc. lifted its stake in shares of Putnam Sustainable Leaders ETF by 6.8% in the 4th quarter. Franklin Resources Inc. now owns 23,322,468 shares of the company’s stock valued at $867,845,000 after acquiring an additional 1,491,920 shares during the last quarter. Bailard Inc. boosted its holdings in shares of Putnam Sustainable Leaders ETF by 1.8% during the 4th quarter. Bailard Inc. now owns 63,803 shares of the company’s stock valued at $2,374,000 after acquiring an additional 1,151 shares in the last quarter. Citadel Advisors LLC grew its position in Putnam Sustainable Leaders ETF by 232.9% during the 3rd quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock worth $756,000 after acquiring an additional 14,733 shares during the last quarter. Finally, Bond & Devick Financial Network Inc. increased its holdings 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 worth $1,520,000 after purchasing an additional 5,389 shares in the last quarter.

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.