PUTNAM MAST INT (NYSE:PIM) Short Interest Update

Key Points

• Short interest in PUTNAM MAST INT decreased by 38.3% in July, down to 48,900 shares, indicating a reduced bearish sentiment among investors.
• The company declared a dividend of $0.022, representing a remarkable yield of 786.0%, with the ex-dividend date set for August 18th.
• Institutional investors own 55.06% of the company's stock, with notable recent acquisitions by LPL Financial LLC and Envestnet Asset Management Inc. during the fourth quarter.

PUTNAM MAST INT (NYSE:PIM - ) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 48,900 shares, adeclineof38.3% from the July 15th total of 79,200 shares. Based on an average daily volume of 54,500 shares, the short-interest ratio is currently 0.9 days. Approximately0.1% of the company's stock are short sold. Approximately0.1% of the company's stock are short sold. Based on an average daily volume of 54,500 shares, the short-interest ratio is currently 0.9 days.

PUTNAM MAST INT Price Performance

NYSE PIM traded down $0.0050 during trading on Tuesday, reaching $3.3150. The company's stock had a trading volume of 72,147 shares, compared to its average volume of 119,901. The business has a 50-day moving average price of $3.34 and a 200-day moving average price of $3.31. PUTNAM MAST INT has a 1-year low of $3.14 and a 1-year high of $3.45.

PUTNAM MAST INT Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, August 29th. Shareholders of record on Tuesday, August 19th will be issued a $0.022 dividend. This represents a yield of 786.0%. The ex-dividend date of this dividend is Monday, August 18th.

Institutional Investors Weigh In On PUTNAM MAST INT

Several large investors have recently made changes to their positions in the company. LPL Financial LLC lifted its position in PUTNAM MAST INT by 8.4% during the 4th quarter. LPL Financial LLC now owns 50,777 shares of the company's stock valued at $166,000 after purchasing an additional 3,948 shares during the period. Envestnet Asset Management Inc. acquired a new stake in shares of PUTNAM MAST INT during the fourth quarter worth $236,000. Jane Street Group LLC acquired a new position in PUTNAM MAST INT in the fourth quarter valued at about $35,000. Citadel Advisors LLC bought a new stake in PUTNAM MAST INT during the fourth quarter worth about $36,000. Finally, PVG Asset Management Corp acquired a new position in PUTNAM MAST INT during the fourth quarter worth about $150,000. Institutional investors own 55.06% of the company's stock.

About PUTNAM MAST INT

Putnam Master Intermediate Income Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors.

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