Large Inflow of Money Detected in Putnam Municipal Opportunities Trust

Putnam Municipal Opportunities Trust (PMO) : Thursdays money flow indicated an uptick to downtick ratio was at 9.78. The total value of inflow transactions on upticks was $0.23 million, whereas, the total value of outflow trades on downticks was $0.02 million. The total money flow was $0.21 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.22 million. The total value of the trades done on upticks was $0.22 million. Putnam Municipal Opportunities Trust (PMO) was trading with a -0.23% change over previous days close. It fell $0.03 during the day and reached $13.21. The stock was -3.22% compared to the previous weeks close.


The stock has recorded a 20-day Moving Average of 3.99% and the 50-Day Moving Average is 2.7%. Shares have rallied 15.25% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $13.67 and the one year low was seen on Aug 27, 2015. The 50-Day Moving Average price is $13.33 and the 200 Day Moving Average price is recorded at $12.83.

Putnam Municipal Opportunities Trust (NYSE:PMO): The stock opened at $13.25 on Thursday but the bulls could not build on the opening and the stock topped out at $13.26 for the day. The stock traded down to $12.86 during the day, due to lack of any buying support eventually closed down at $12.86 with a loss of -2.87% for the day. The stock had closed at $13.24 on the previous day. The total traded volume was 672,624 shares.

Putnam Municipal Opportunities Trust is a diversified, closed-end fund. The Fund offers a dividend reinvestment plan. The fund seeks to provide as high a level of current income free from federal income tax. The Fund intends to achieve its objective by investing in a portfolio of investment-grade and some below investment-grade municipal bonds selected by Putnam Investment Management, LLC (Putnam Management). The Funds shares trade on a stock exchange at market prices, which may be lower than the Funds net asset value. In the normal course of business, the fund enters into contracts that may include agreements to indemnify another party under given circumstances. Putnam Investment Management, LLC is the investment manager of the Fund.

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