Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) Sees Significant Increase in Short Interest

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATNGet Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 149,065 shares, an increase of 479.5% from the August 15th total of 25,725 shares. Based on an average daily trading volume, of 140,971 shares, the short-interest ratio is presently 1.1 days. Approximately 2.5% of the shares of the company are short sold.

Pacer Nasdaq International Patent Leaders ETF Stock Performance

Shares of NASDAQ PATN traded up $0.48 during trading on Friday, reaching $35.76. The stock had a trading volume of 72,437 shares, compared to its average volume of 72,593. The stock has a market cap of $210.98 million, a PE ratio of 18.15 and a beta of 1.03. Pacer Nasdaq International Patent Leaders ETF has a one year low of $25.15 and a one year high of $38.85. The firm’s 50 day moving average price is $35.35 and its two-hundred day moving average price is $33.73.

Pacer Nasdaq International Patent Leaders ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Thursday, September 3rd were paid a dividend of $0.053 per share. The ex-dividend date was Thursday, September 3rd. This represents a $0.21 annualized dividend and a yield of 0.6%.

Institutional Trading of 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 purchased a new stake in Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATNFree Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 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 as of its most recent filing with the SEC.

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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