Putnam Municipal Opportunities Trust Short Interest Ratio and Short Volume

+0.02 (+0.14 %)
(As of 04/16/2021 12:00 AM ET)
Today's Range
Now: $13.93
50-Day Range
MA: $13.48
52-Week Range
Now: $13.93
Volume31,756 shs
Average Volume69,039 shs
Market Capitalization$474.98 million
P/E RatioN/A
Dividend Yield4.61%

Short Interest

Putnam Municipal Opportunities Trust (NYSE:PMO) Short Interest Data

Current Short Volume120,800 shares
Previous Short Volume132,000 shares
Change Vs. Previous Month:-8.48%
Dollar Volume Sold Short$1.64 million
Short Interest Ratio / Days to Cover1.8
Last Record DateMarch, 31 2021
Outstanding Shares34,110,000 shares
Percentage of Shares Shorted0.35%
Today's Trading Volume31,756 shares
Average Trading Volume69,039 shares
Today's Volume Vs. Average-54.00%

Short Interest Over Time

Putnam Municipal Opportunities Trust (NYSE:PMO) Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
3/31/2021120,800 shares $1.64 million -8.5%N/A1.8 $13.61
3/15/2021132,000 shares $1.76 million +9.7%N/A1.8 $13.33
2/26/2021120,300 shares $1.64 million -5.0%N/A1.7 $13.61
2/12/2021126,600 shares $1.70 million -7.8%N/A1.9 $13.39
1/29/2021137,300 shares $1.90 million -2.8%N/A2.2 $13.84
1/15/2021141,300 shares $1.95 million +8.6%N/A2.4 $13.78
12/31/2020136,700 shares $1.85 million +1.6%N/A2.6 $13.51
12/15/2020136,700 shares $1.89 million +1.6%N/A2.6 $13.81
11/30/2020134,500 shares $1.82 million +6.6%N/A2.8 $13.52
11/15/2020126,200 shares $1.70 million +52.2%N/A2.6 $13.46
10/30/202082,900 shares $1.10 million +70.6%N/A1.7 $13.32
10/15/202048,600 shares $619,164.00 -8.5%N/A0 $12.74
9/30/202053,100 shares $695,610.00 -16.5%N/A1.1 $13.10
9/15/202068,800 shares $894,400.00 +8.2%N/A1.3 $13.00
8/31/202063,600 shares $842,064.00 +41.0%N/A1.2 $13.24
8/14/202045,100 shares $599,379.00 -44.8%N/A0.8 $13.29
7/31/202081,700 shares $1.11 million +9.1%N/A1.4 $13.55
7/15/202074,900 shares $1.01 million -8.3%N/A1.1 $13.50
6/30/202081,700 shares $1.10 million -15.3%N/A1.1 $13.45
6/15/202096,500 shares $1.23 million +57.4%N/A1.1 $12.77
5/29/202061,300 shares $787,092.00 -19.8%N/A0.5 $12.84
5/15/202076,400 shares $969,516.00 +105.4%N/A0.5 $12.69
4/30/202037,200 shares $459,420.00 +26.5%N/A0.2 $12.35
4/15/202029,400 shares $359,856.00 +34.9%N/A0.2 $12.24
3/31/202021,800 shares $255,714.00 -45.5%N/A0.1 $11.73

Putnam Municipal Opportunities Trust (NYSE:PMO) Short Interest FAQ

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What is Putnam Municipal Opportunities Trust's current short interest?

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 March 31st, investors have sold 120,800 shares of PMO short.

What is a good short interest ratio for Putnam Municipal Opportunities Trust?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. Putnam Municipal Opportunities Trust currently has a short interest ratio of 2.0.

Is Putnam Municipal Opportunities Trust's short interest increasing or decreasing?

Putnam Municipal Opportunities Trust saw a decrease in short interest in March. As of March 31st, there was short interest totaling 120,800 shares, a decrease of 8.5% from the previous total of 132,000 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.

How does Putnam Municipal Opportunities Trust's short interest compare to its competitors?

0.00% of Putnam Municipal Opportunities Trust's shares are currently sold short. Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Putnam Municipal Opportunities Trust: Royce Value Trust Inc. (0.00%), Liberty All-Star Equity Fund (0.00%), The Gabelli Equity Trust Inc. (0.00%), Tri-Continental Co. (0.00%), Tortoise Energy Infrastructure Co. (0.00%), Boulder Growth & Income Fund, Inc. (0.00%), Nuveen Nasdaq 100 Dynamic Overwrite Fund (0.00%), Aberdeen Asia-Pacific Income Fund, Inc. (0.00%), Tekla Healthcare Investors (0.00%), and AllianceBernstein Global High Income Fund (0.00%).

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Analog Devices, Inc. ($5.84 billion), Aon plc ($5.47 billion), Charter Communications, Inc. ($5.36 billion), ViacomCBS Inc. ($3.99 billion), Snap Inc. ($3.77 billion), Airbnb, Inc. ($2.90 billion), Peloton Interactive, Inc. ($2.43 billion), Discovery, Inc. ($2.38 billion), The Kroger Co. ($2.28 billion), and Expedia Group, Inc. ($2.18 billion). View all of the most shorted stocks.

What does it mean to sell short Putnam Municipal Opportunities Trust stock?

Short selling PMO is an investing strategy that aims to generate trading profit from Putnam Municipal Opportunities Trust as its price is falling. Putnam Municipal Opportunities Trust's stock is trading up $0.02 today. To short Putnam Municipal Opportunities Trust 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 Putnam Municipal Opportunities Trust 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.

How does a short squeeze work against Putnam Municipal Opportunities Trust?

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.

How often is Putnam Municipal Opportunities Trust's short interest reported?

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 March, 31 2021.

This page was last updated on 4/18/2021 by MarketBeat.com Staff
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