Putnam Mast Int (NYSE:PIM – Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 91,899 shares, a growth of 1,451.8% from the September 15th total of 5,922 shares. Based on an average daily volume of 77,637 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.2% of the shares of the stock are sold short.
Putnam Mast Int Stock Performance
Shares of PIM traded up $0.02 during mid-day trading on Friday, reaching $3.01. The stock had a trading volume of 52,563 shares, compared to its average volume of 86,576. The business has a fifty day moving average of $3.10 and a 200 day moving average of $3.16. Putnam Mast Int has a 12 month low of $2.95 and a 12 month high of $3.43.
Putnam Mast Int Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be paid a $0.0220 dividend. The ex-dividend date is Friday, November 20th. This represents a $0.26 annualized dividend and a yield of 8.8%.
Institutional Investors Weigh In On Putnam Mast Int
About Putnam Mast Int
Putnam Master Intermediate Income Trust (NYSE: PIM) is a closed-end investment company managed by Putnam Investment Management, LLC. The trust seeks to provide a high level of current income while emphasizing the preservation of capital.
The fund invests primarily in a diversified portfolio of intermediate-term fixed-income securities. Its holdings may include corporate bonds, U.S. government and agency securities, mortgage-backed and asset-backed securities, municipal obligations, and debt issued by foreign governments and companies.
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