Putnam Premier Income Trust (NYSE:PPT) Sees Significant Decrease in Short Interest

Posted by Geri Gentry on Jun 18th, 2026

Putnam Premier Income Trust (NYSE:PPT – Get Free Report) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 46,053 shares, a decrease of 35.0% from the May 14th total of 70,877 shares. Based on an average daily trading volume, of 92,973 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the company’s stock are sold short.

Putnam Premier Income Trust Price Performance

Shares of PPT stock opened at $3.45 on Thursday. The stock’s 50-day simple moving average is $3.48 and its 200-day simple moving average is $3.54. Putnam Premier Income Trust has a fifty-two week low of $3.41 and a fifty-two week high of $3.77.

Putnam Premier Income Trust Dividend Announcement

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 $0.026 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PPT. Summit Securities Group LLC acquired a new position in shares of Putnam Premier Income Trust in the first quarter valued at about $29,000. Kestra Advisory Services LLC acquired a new position in shares of Putnam Premier Income Trust in the fourth quarter valued at about $32,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Putnam Premier Income Trust in the fourth quarter valued at about $33,000. Global Retirement Partners LLC increased its holdings in shares of Putnam Premier Income Trust by 104.1% in the fourth quarter. Global Retirement Partners LLC now owns 10,354 shares of the investment management company’s stock valued at $37,000 after purchasing an additional 5,282 shares during the period. Finally, UMB Bank n.a. acquired a new position in shares of Putnam Premier Income Trust in the fourth quarter valued at about $43,000. 42.79% of the stock is owned by institutional investors and hedge funds.

About Putnam Premier Income Trust

(Get Free Report)

Putnam Premier Income Trust (NYSE:PPT) is a diversified closed-end management investment company that seeks to provide current income with a secondary objective of capital appreciation. The trust pursues income through a portfolio of domestic and international fixed-income and equity securities, including high-yield corporate bonds, investment-grade debt, preferred securities and dividend-paying stocks. Its investment strategy emphasizes diversification across credit quality, sector and geography to balance income generation with risk management.

The fund employs leverage, including borrowing and preferred shares, to enhance its income potential within regulatory limits.