Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) Short Interest Update

Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 19,484 shares, an increase of 58.5% from the December 15th total of 12,295 shares. Based on an average trading volume of 55,971 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 55,971 shares, the short-interest ratio is currently 0.3 days.

Putnam PanAgora ESG International Equity ETF Price Performance

Shares of NYSEARCA PPIE traded down $0.01 during midday trading on Friday, hitting $27.73. The company’s stock had a trading volume of 2,940 shares, compared to its average volume of 5,704. The firm has a market capitalization of $282.85 million, a price-to-earnings ratio of 14.65 and a beta of 0.62. Putnam PanAgora ESG International Equity ETF has a 1 year low of $21.35 and a 1 year high of $29.22. The business’s fifty day simple moving average is $28.03 and its two-hundred day simple moving average is $27.68.

Putnam PanAgora ESG International Equity ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a $2.2682 dividend. This represents a dividend yield of 847.0%. The ex-dividend date was Friday, December 19th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Putnam PanAgora ESG International Equity ETF stock. Franklin Resources Inc. grew its holdings in Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) by 0.6% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 8,959,394 shares of the company’s stock after buying an additional 49,512 shares during the period. Franklin Resources Inc. owned 97.38% of Putnam PanAgora ESG International Equity ETF worth $239,991,000 at the end of the most recent reporting period.

About Putnam PanAgora ESG International Equity ETF

The Putnam Panagora ESG International Equity ETF (PPIE) is an exchange-traded fund that mostly invests in total market equity. The fund actively invests in developed international companies of any capitalization, excluding the US. Selected companies are perceived to possess positive environmental, social, and governance criteria. PPIE was launched on Jan 19, 2023 and is managed by Putnam.