Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) Short Interest Update

by · The Cerbat Gem

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Get Free Report) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 25,725 shares, a drop of 77.5% from the July 30th total of 114,218 shares. Based on an average trading volume of 72,678 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the company’s shares are sold short.

Pacer Nasdaq International Patent Leaders ETF Price Performance

PATN stock traded down $0.23 during midday trading on Friday, hitting $35.69. The stock had a trading volume of 284,383 shares, compared to its average volume of 70,508. The company’s 50-day moving average price is $35.57 and its 200 day moving average price is $33.38. The firm has a market cap of $210.57 million, a PE ratio of 18.15 and a beta of 1.03. Pacer Nasdaq International Patent Leaders ETF has a 12-month low of $23.83 and a 12-month high of $38.85.

Pacer Nasdaq International Patent Leaders ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were paid a $0.049 dividend. The ex-dividend date was Thursday, June 4th.

Institutional Trading of Pacer Nasdaq International Patent Leaders ETF

A hedge fund recently bought a new stake in Pacer Nasdaq International Patent Leaders ETF stock. Sankala Group LLC acquired a new position in shares of Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 7,463 shares of the company’s stock, valued at approximately $201,000. Sankala Group LLC owned 0.57% of Pacer Nasdaq International Patent Leaders ETF at the end of the most recent reporting period.

Pacer Nasdaq International Patent Leaders ETF Company Profile

(Get Free Report)

The Pacer Nasdaq International Patent Leaders ETF (PATN) is an exchange-traded fund that is based on the Nasdaq International Patent Leaders index. The fund seeks to track an index of the top 100 international large- and midcap growth companies, as measured by patent valuations. Holdings are weighted by market capitalization. PATN was launched on Sep 16, 2024 and is issued by Pacer.

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