Putnam ESG Ultra Short ETF (NYSEARCA:PULT) Short Interest Down 97.8% in August

Putnam ESG Ultra Short ETF (NYSEARCA:PULT) was the target of a significant decline in short interest in August. As of August 15th, there was short interest totaling 100 shares, adeclineof97.8% from the July 31st total of 4,600 shares. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Putnam ESG Ultra Short ETF

Several institutional investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc purchased a new stake in Putnam ESG Ultra Short ETF in the 2nd quarter valued at approximately $60,000. Jane Street Group LLC boosted its holdings in Putnam ESG Ultra Short ETF by 64.4% in the 2nd quarter. Jane Street Group LLC now owns 20,300 shares of the company’s stock valued at $1,029,000 after purchasing an additional 7,951 shares in the last quarter. Scotia Capital Inc. boosted its holdings in Putnam ESG Ultra Short ETF by 108.9% in the 2nd quarter. Scotia Capital Inc. now owns 29,730 shares of the company’s stock valued at $1,507,000 after purchasing an additional 15,498 shares in the last quarter. Royal Bank of Canada boosted its holdings in Putnam ESG Ultra Short ETF by 3.2% in the 1st quarter. Royal Bank of Canada now owns 67,942 shares of the company’s stock valued at $3,442,000 after purchasing an additional 2,120 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Putnam ESG Ultra Short ETF by 70.1% in the 2nd quarter. Franklin Resources Inc. now owns 2,838,836 shares of the company’s stock valued at $143,929,000 after purchasing an additional 1,170,213 shares in the last quarter.

Putnam ESG Ultra Short ETF Stock Performance

PULT stock traded up $0.02 during trading on Tuesday, hitting $50.73. The company had a trading volume of 5,681 shares, compared to its average volume of 14,685. Putnam ESG Ultra Short ETF has a 1-year low of $50.37 and a 1-year high of $50.77. The firm has a 50-day moving average price of $50.63 and a 200-day moving average price of $50.59.

Putnam ESG Ultra Short ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 8th. Investors of record on Wednesday, August 6th were given a $0.2011 dividend. This is a boost from Putnam ESG Ultra Short ETF’s previous monthly dividend of $0.18. The ex-dividend date was Wednesday, August 6th. This represents a c) annualized dividend and a yield of 4.8%.

About Putnam ESG Ultra Short ETF

The Putnam ESG Ultra Short ETF (PULT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in investment grade fixed income securities from around the world that meet certain environmental, social and governance criteria on a sector-specific basis.The fund expects to have an average weighted maturity of four years or less.