Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) Short Interest Down 41.9% in October

Putnam Sustainable Leaders ETF (NYSEARCA:PLDR) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 3,600 shares, a decline of 41.9% from the September 30th total of 6,200 shares. Based on an average trading volume of 20,400 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 20,400 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Putnam Sustainable Leaders ETF

Institutional investors have recently modified their holdings of the company. Elevation Capital Advisory LLC acquired a new position in shares of Putnam Sustainable Leaders ETF in the 2nd quarter valued at $230,000. Bailard Inc. increased its stake in Putnam Sustainable Leaders ETF by 3.6% in 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 in the last quarter. Finally, Bond & Devick Financial Network Inc. increased its stake in Putnam Sustainable Leaders ETF by 6.1% in the 2nd quarter. Bond & Devick Financial Network Inc. now owns 36,985 shares of the company’s stock worth $1,249,000 after purchasing an additional 2,128 shares in the last quarter.

Putnam Sustainable Leaders ETF Price Performance

Shares of Putnam Sustainable Leaders ETF stock traded up $0.14 during trading on Monday, hitting $37.05. The stock had a trading volume of 8,204 shares, compared to its average volume of 32,049. The firm has a market cap of $842.89 million, a P/E ratio of 28.96 and a beta of 1.06. The business has a fifty day moving average of $35.82 and a two-hundred day moving average of $33.93. Putnam Sustainable Leaders ETF has a fifty-two week low of $26.61 and a fifty-two week high of $37.34.

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.