Short Interest in Putnam Managed (NYSE:PMM) Rises By 206.5%

Posted by Geri Gentry on Jul 14th, 2026

Putnam Managed (NYSE:PMM – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 61,814 shares, a growth of 206.5% from the June 15th total of 20,168 shares. Based on an average trading volume of 94,554 shares, the short-interest ratio is currently 0.7 days. Approximately 0.1% of the company’s shares are sold short.

Putnam Managed Price Performance

Putnam Managed stock traded up $0.07 during trading on Tuesday, reaching $6.55. The company had a trading volume of 54,671 shares, compared to its average volume of 102,832. Putnam Managed has a 12-month low of $5.77 and a 12-month high of $6.57. The stock’s 50 day moving average price is $6.32 and its two-hundred day moving average price is $6.27.

Putnam Managed Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be issued a dividend of $0.033 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Monday, August 24th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in Putnam Managed during the fourth quarter worth about $36,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Putnam Managed during the 4th quarter worth about $45,000. Nomura Holdings Inc. acquired a new stake in Putnam Managed during the 2nd quarter worth approximately $60,000. Mesirow Financial Investment Management Inc. acquired a new stake in Putnam Managed during the 4th quarter worth approximately $63,000. Finally, Virtu Financial LLC purchased a new position in Putnam Managed in the third quarter valued at approximately $69,000. Institutional investors and hedge funds own 13.54% of the company’s stock.

About Putnam Managed

(Get Free Report)

Putnam Managed Municipal Income Trust (NYSE: PMM) is a closed-end management investment company that seeks to provide current income exempt from federal income tax. The trust’s primary business activity is the active management of a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by U.S. states and municipalities. Using a flexible approach, PMM’s portfolio managers may also invest in below-investment-grade or unrated municipal securities, subject to quality restrictions, to enhance yield potential.

Established in September 1993, PMM has a long history of targeting tax-exempt income for its shareholders.