Putnam Mun Oppo (NYSE:PMO) Sees Significant Increase in Short Interest

Posted by Geri Gentry on Oct 29th, 2026

Putnam Mun Oppo (NYSE:PMO – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 71,405 shares, an increase of 589.8% from the September 30th total of 10,351 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 168,230 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Putnam Mun Oppo

A number of large investors have recently modified their holdings of PMO. Rivernorth Capital Management LLC grew its position in shares of Putnam Mun Oppo by 60.4% in the first quarter. Rivernorth Capital Management LLC now owns 685,823 shares of the financial services provider’s stock valued at $7,064,000 after purchasing an additional 258,198 shares in the last quarter. Robinson Capital Management LLC lifted its position in Putnam Mun Oppo by 11.6% during the second quarter. Robinson Capital Management LLC now owns 645,263 shares of the financial services provider’s stock worth $6,801,000 after buying an additional 66,992 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in Putnam Mun Oppo during the first quarter worth approximately $500,000. Noble Wealth Management PBC boosted its stake in Putnam Mun Oppo by 92.9% during the second quarter. Noble Wealth Management PBC now owns 82,471 shares of the financial services provider’s stock worth $869,000 after buying an additional 39,721 shares during the last quarter. Finally, Folger Nolan Fleming Douglas Capital Management Inc. acquired a new position in Putnam Mun Oppo during the first quarter worth $126,000. Institutional investors own 20.40% of the company’s stock.

Putnam Mun Oppo Trading Up 0.7%

PMO traded up $0.07 during trading on Thursday, hitting $9.90. 16,635 shares of the stock traded hands, compared to its average volume of 78,205. Putnam Mun Oppo has a 12-month low of $8.87 and a 12-month high of $10.87. The firm has a 50-day moving average of $9.73 and a 200 day moving average of $10.31.

Putnam Mun Oppo Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be paid a $0.0520 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $0.62 dividend on an annualized basis and a yield of 6.3%.

About Putnam Mun Oppo

(Get Free Report)

Putnam Municipal Opportunities Trust (NYSE: PMO) is a closed-end management investment company that seeks to provide current income that is exempt from federal income tax. The fund invests primarily in municipal securities issued by states, municipalities and other governmental entities in the United States.

The portfolio may include a range of tax-exempt bonds and other municipal debt obligations. These securities generally finance public projects and services such as infrastructure, schools, transportation systems, utilities and healthcare facilities.