Putnam Mast Int (NYSE:PIM) Short Interest Update

Putnam Mast Int (NYSE:PIMGet Free Report) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 34,052 shares, a decline of 49.8% from the May 14th total of 67,771 shares. Based on an average daily volume of 75,103 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

Putnam Mast Int Stock Up 0.5%

Shares of NYSE:PIM opened at $3.19 on Friday. Putnam Mast Int has a 12-month low of $3.07 and a 12-month high of $3.50. The business has a fifty day simple moving average of $3.21 and a 200 day simple moving average of $3.26.

Putnam Mast Int Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be given a dividend of $0.022 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Monday, August 24th.

Institutional Trading of Putnam Mast Int

Institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in Putnam Mast Int during the 2nd quarter valued at approximately $25,000. Landscape Capital Management L.L.C. acquired a new position in shares of Putnam Mast Int in the 4th quarter worth approximately $45,000. Northstar Financial Companies Inc. bought a new stake in shares of Putnam Mast Int in the 1st quarter valued at $49,000. M3 Wealth Management LLC bought a new stake in shares of Putnam Mast Int in the 4th quarter valued at $68,000. Finally, Integrity Advisory Solutions LLC acquired a new stake in shares of Putnam Mast Int during the fourth quarter worth $73,000. 55.06% of the stock is currently owned by institutional investors.

About Putnam Mast Int

(Get Free Report)

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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