Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) Short Interest Up 63.6% in July

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATNGet Free Report) saw a large 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. Currently, 1.9% of the company’s stock are short sold. Based on an average trading volume of 174,217 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of Pacer Nasdaq International Patent Leaders ETF

A hedge fund recently bought a new position in Pacer Nasdaq International Patent Leaders ETF stock. Sankala Group LLC acquired a new stake in shares of Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATNFree Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,463 shares of the company’s stock, valued at approximately $201,000. Sankala Group LLC owned approximately 0.57% of Pacer Nasdaq International Patent Leaders ETF as of its most recent SEC filing.

Pacer Nasdaq International Patent Leaders ETF Price Performance

NASDAQ:PATN traded up $0.23 during mid-day trading on Monday, hitting $36.55. 244,541 shares of the company’s stock were exchanged, compared to its average volume of 66,434. Pacer Nasdaq International Patent Leaders ETF has a one year low of $23.83 and a one year high of $38.85. The business has a fifty day moving average price of $35.69 and a 200 day moving average price of $32.99. The company has a market cap of $215.64 million, a PE ratio of 18.15 and a beta of 1.03.

Pacer Nasdaq International Patent Leaders ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, June 8th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.049 per share. The ex-dividend date was Thursday, June 4th.

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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