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

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

Pacer Nasdaq International Patent Leaders ETF Stock Performance

PATN traded up $0.48 on Friday, reaching $35.77. The company had a trading volume of 7,881 shares, compared to its average volume of 72,207. Pacer Nasdaq International Patent Leaders ETF has a fifty-two week low of $25.15 and a fifty-two week high of $38.85. The stock has a market cap of $211.01 million, a P/E ratio of 18.15 and a beta of 1.03. The company’s fifty day moving average is $35.35 and its 200 day moving average is $33.72.

Pacer Nasdaq International Patent Leaders ETF Announces Dividend

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

Hedge Funds 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:PATNFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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 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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