Putnam Mast Int (NYSE:PIM – Get Free Report) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 76,730 shares, a decrease of 37.6% from the June 30th total of 123,012 shares. Based on an average daily trading volume, of 39,378 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.2% of the company’s shares are sold short.
Hedge Funds Weigh In On Putnam Mast Int
Several institutional investors and hedge funds have recently added to or reduced their stakes in PIM. Raymond James Financial Inc. purchased a new position in Putnam Mast Int in the second quarter valued at about $25,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Putnam Mast Int during the 4th quarter worth about $45,000. Northstar Financial Companies Inc. purchased a new stake in shares of Putnam Mast Int during the 1st quarter worth about $49,000. M3 Wealth Management LLC acquired a new stake in shares of Putnam Mast Int during the 4th quarter valued at about $68,000. Finally, Integrity Advisory Solutions LLC acquired a new stake in shares of Putnam Mast Int during the 4th quarter valued at about $73,000. 55.06% of the stock is currently owned by hedge funds and other institutional investors.
Putnam Mast Int Stock Performance
Shares of Putnam Mast Int stock traded up $0.03 during trading on Friday, hitting $3.12. The stock had a trading volume of 45,406 shares, compared to its average volume of 45,849. The stock has a 50 day simple moving average of $3.17 and a 200 day simple moving average of $3.23. Putnam Mast Int has a 1 year low of $3.07 and a 1 year high of $3.50.
Putnam Mast Int Dividend Announcement
Putnam Mast Int Company Profile
Putnam Master International (NYSE:PIM) is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in equity securities of non-U.S. companies. The fund maintains a diversified portfolio spanning developed and emerging markets, with a focus on identifying businesses offering strong growth potential, attractive valuations and sound corporate governance. Shares of PIM trade on the NYSE, providing investors with a fixed capital structure and the opportunity to gain exposure to global equity markets through a single vehicle.
The fund’s investment team, managed by Putnam Retail Management LP, conducts bottom-up fundamental analysis to select holdings across multiple industries and geographies.
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