Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Sees Significant Growth in Short Interest

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 325 shares, a growth of 144.4% from the December 31st total of 133 shares. Based on an average daily volume of 11,340 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 11,340 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PLDR. Citadel Advisors LLC increased its position in Putnam Sustainable Leaders ETF by 232.9% during the 3rd quarter. Citadel Advisors LLC now owns 21,059 shares of the company’s stock worth $756,000 after purchasing an additional 14,733 shares during the period. Franklin Resources Inc. boosted its position in shares of Putnam Sustainable Leaders ETF by 4.0% during the 3rd quarter. Franklin Resources Inc. now owns 21,830,548 shares of the company’s stock worth $783,263,000 after purchasing an additional 831,613 shares in the last quarter. Bond & Devick Financial Network Inc. grew its stake in shares of Putnam Sustainable Leaders ETF by 14.6% during the 3rd quarter. Bond & Devick Financial Network Inc. now owns 42,374 shares of the company’s stock worth $1,520,000 after purchasing an additional 5,389 shares during the period. Bailard Inc. grew its stake in shares of Putnam Sustainable Leaders ETF by 3.6% during the 3rd quarter. Bailard Inc. now owns 62,652 shares of the company’s stock worth $2,248,000 after purchasing an additional 2,149 shares during the period. Finally, Elevation Capital Advisory LLC purchased a new position in Putnam Sustainable Leaders ETF in the second quarter valued at about $230,000.

Putnam Sustainable Leaders ETF Price Performance

Shares of PLDR traded down $0.08 during mid-day trading on Friday, reaching $36.73. 10,882 shares of the company’s stock were exchanged, compared to its average volume of 16,434. The stock has a market capitalization of $828.26 million, a PE ratio of 28.96 and a beta of 1.06. The business’s fifty day simple moving average is $37.30 and its 200-day simple moving average is $36.14. Putnam Sustainable Leaders ETF has a 52-week low of $26.61 and a 52-week high of $37.85.

Putnam Sustainable Leaders ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were paid a dividend of $0.1386 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a yield of 37.0%.

Putnam Sustainable Leaders ETF Company Profile

The Putnam Sustainable Leaders ETF (PLDR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent fund with exposure to US companies selected for their commitment to sustainable business practices. The fund utilizes the Fidelity non-transparent model. PLDR was launched on May 25, 2021 and is managed by Putnam.