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

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATNGet Free Report) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 114,218 shares, an increase of 63.6% from the July 15th total of 69,826 shares. Approximately 1.9% of the company’s stock are sold short. Based on an average trading volume of 174,217 shares, the days-to-cover ratio is currently 0.7 days.

Pacer Nasdaq International Patent Leaders ETF Stock Performance

Shares of PATN traded up $0.10 during trading hours on Wednesday, hitting $35.46. 3,388 shares of the company were exchanged, compared to its average volume of 65,995. The firm’s 50 day moving average is $35.71 and its 200-day moving average is $33.08. Pacer Nasdaq International Patent Leaders ETF has a 52 week low of $23.83 and a 52 week high of $38.85. The company has a market cap of $209.21 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. Stockholders of record on Thursday, June 4th were paid a $0.049 dividend. The ex-dividend date was Thursday, June 4th.

Institutional Investors Weigh In On Pacer Nasdaq International Patent Leaders ETF

A hedge fund recently bought a new position in Pacer Nasdaq International Patent Leaders ETF stock. Mascagni Wealth Management Inc. acquired a new position in shares of Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATNFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,871 shares of the company’s stock, valued at approximately $621,000. Mascagni Wealth Management Inc. owned about 0.89% of Pacer Nasdaq International Patent Leaders ETF at the end of the most recent quarter.

About Pacer Nasdaq International Patent Leaders ETF

(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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