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

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) saw a significant drop in short interest in 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 daily volume of 72,678 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the shares of the company are short sold.

Pacer Nasdaq International Patent Leaders ETF Trading Up 0.5%

NASDAQ:PATN traded up $0.19 during mid-day trading on Thursday, reaching $35.92. 202,941 shares of the stock were exchanged, compared to its average volume of 69,083. Pacer Nasdaq International Patent Leaders ETF has a 1-year low of $23.83 and a 1-year high of $38.85. The business has a fifty day moving average price of $35.57 and a 200 day moving average price of $33.38. The firm has a market capitalization of $211.93 million, a PE ratio of 18.15 and a beta of 1.03.

Pacer Nasdaq International Patent Leaders ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were given a dividend of $0.049 per share. The ex-dividend date of this dividend was Thursday, June 4th.

Institutional Investors Weigh In On Pacer Nasdaq International Patent Leaders ETF

An institutional investor recently bought a new position in Pacer Nasdaq International Patent Leaders ETF stock. Sankala Group LLC bought a new position in Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 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.

About Pacer Nasdaq International Patent Leaders ETF

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.