Putnam Managed (NYSE:PMM) Short Interest Down 38.7% in August

Posted by Geri Gentry on Aug 31st, 2026

Putnam Managed (NYSE:PMM – Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 68,195 shares, a decrease of 38.7% from the July 30th total of 111,257 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 106,833 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Putnam Managed

A number of institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in Putnam Managed in the 4th quarter worth about $36,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Putnam Managed during the 4th quarter valued at about $45,000. Nomura Holdings Inc. acquired a new stake in shares of Putnam Managed during the 2nd quarter valued at about $60,000. Mesirow Financial Investment Management Inc. bought a new stake in shares of Putnam Managed in the 4th quarter valued at approximately $63,000. Finally, Virtu Financial LLC bought a new stake in shares of Putnam Managed in the 3rd quarter valued at approximately $69,000. Institutional investors and hedge funds own 13.54% of the company’s stock.

Putnam Managed Price Performance

Shares of NYSE:PMM opened at $6.23 on Monday. The firm has a fifty day moving average of $6.39 and a two-hundred day moving average of $6.30. Putnam Managed has a 12-month low of $5.80 and a 12-month high of $6.60.

Putnam Managed Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Friday, November 20th will be paid a $0.033 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

Putnam Managed Company Profile

(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.