Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Get 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
Pacer Nasdaq International Patent Leaders ETF Company Profile
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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