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) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 69,826 shares, a drop of 74.2% from the June 30th total of 270,324 shares. Based on an average daily volume of 85,616 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.2% of the shares of the company are sold short.

Pacer Nasdaq International Patent Leaders ETF Price Performance

Shares of NASDAQ PATN traded down $0.62 during trading hours on Friday, hitting $33.95. 119,755 shares of the stock were exchanged, compared to its average volume of 57,386. The company’s 50 day moving average is $35.97 and its 200 day moving average is $32.30. The firm has a market capitalization of $198.27 million, a P/E ratio of 18.15 and a beta of 0.99. Pacer Nasdaq International Patent Leaders ETF has a one year low of $23.01 and a one year high of $38.85.

Pacer Nasdaq International Patent Leaders ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, June 8th. Shareholders 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 stake in Pacer Nasdaq International Patent Leaders ETF stock. Sankala Group LLC purchased a new stake in Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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 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.

See Also