Putnam Municipal Opportunities Trust (PMO) Short Interest Ratio & Short Volume

Short interest is the volume of Putnam Municipal Opportunities Trust shares that have been sold short but have not yet been closed out or covered. As of April 30th, traders have sold 5,100 shares of PMO short. Learn More on Putnam Municipal Opportunities Trust's current short interest.

Putnam Municipal Opportunities Trust saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 5,100 shares, a decline of 34.6% from the previous total of 7,800 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Putnam Municipal Opportunities Trust: BlackRock MuniHoldings New York Quality Fund, Inc. (0.05%), Liberty All-Star Growth Fund, Inc. (0.10%), Cohen & Steers Total Return Realty Fund, Inc. (0.13%), MFS Intermediate Income Trust (0.03%), BlackRock MuniYield Michigan Quality Fund, Inc. (0.04%), WhiteHorse Finance, Inc. (1.91%), Nuveen California Municipal Value Fund (0.04%), Putnam Premier Income Trust (0.13%), Source Capital, Inc. (0.04%), Putnam Managed Municipal Income Trust (0.11%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling PMO is an investing strategy that aims to generate trading profit from Putnam Municipal Opportunities Trust as its price is falling. PMO shares are trading up $0.02 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Putnam Municipal Opportunities Trust occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of PMO, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PMO, twice per month. The most recent reporting period available is April, 30 2024.