Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) Sees Large Decrease in Short Interest

Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 2,110 shares, a decrease of 27.9% from the March 31st total of 2,928 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 212 shares, the short-interest ratio is currently 10.0 days.

Putnam PanAgora ESG International Equity ETF Stock Performance

Putnam PanAgora ESG International Equity ETF stock traded down $0.07 during mid-day trading on Friday, reaching $26.91. 5 shares of the company were exchanged, compared to its average volume of 85,181. The business has a fifty day moving average of $26.50 and a 200 day moving average of $27.60. The firm has a market cap of $4.04 million, a P/E ratio of 14.65 and a beta of 0.70. Putnam PanAgora ESG International Equity ETF has a 12-month low of $24.63 and a 12-month high of $29.52.

Putnam PanAgora ESG International Equity ETF Announces Dividend

The business also recently announced a dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 20th were issued a dividend of $1.122 per share. The ex-dividend date was Friday, February 20th.

Institutional Trading of Putnam PanAgora ESG International Equity ETF

A number of hedge funds have recently bought and sold shares of PPIE. Jane Street Group LLC lifted its holdings in Putnam PanAgora ESG International Equity ETF by 285.0% during the second quarter. Jane Street Group LLC now owns 182,521 shares of the company’s stock worth $4,889,000 after buying an additional 135,115 shares during the period. Franklin Resources Inc. lifted its holdings in Putnam PanAgora ESG International Equity ETF by 4.5% during the third quarter. Franklin Resources Inc. now owns 9,359,175 shares of the company’s stock worth $262,428,000 after buying an additional 399,781 shares during the period. Finally, &PARTNERS purchased a new stake in Putnam PanAgora ESG International Equity ETF during the fourth quarter worth $470,000.

Putnam PanAgora ESG International Equity ETF Company Profile

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.