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

Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) was the target of a large increase in short interest during the month of 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. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 55,971 shares, the short-interest ratio is currently 0.3 days. 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 stock are short sold.

Putnam PanAgora ESG International Equity ETF Stock Performance

PPIE opened at $27.73 on Friday. The firm has a market cap of $282.85 million, a P/E ratio of 14.65 and a beta of 0.62. Putnam PanAgora ESG International Equity ETF has a twelve month low of $21.35 and a twelve month high of $29.22. The business has a 50 day moving average price of $28.02 and a 200 day moving average price of $27.69.

Putnam PanAgora ESG International Equity ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were given a $2.2682 dividend. This represents a 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. Jane Street Group LLC lifted its holdings in shares of Putnam PanAgora ESG International Equity ETF (NYSEARCA:PPIE) by 285.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 182,521 shares of the company’s stock after buying an additional 135,115 shares during the quarter. Jane Street Group LLC owned about 1.98% of Putnam PanAgora ESG International Equity ETF worth $4,889,000 at the end of the most recent quarter.

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.