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

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 57,508 shares, an increase of 78.8% from the May 31st total of 32,162 shares. Approximately 2.3% of the shares of the company are short sold. Based on an average trading volume of 91,241 shares, the short-interest ratio is currently 0.6 days.

Pacer Nasdaq International Patent Leaders ETF Trading Down 2.6%

PATN stock opened at $36.22 on Thursday. The firm has a 50 day moving average of $35.26 and a 200-day moving average of $31.36. Pacer Nasdaq International Patent Leaders ETF has a 12 month low of $23.01 and a 12 month high of $38.85. The firm has a market capitalization of $89.10 million, a P/E ratio of 18.15 and a beta of 0.99.

Pacer Nasdaq International Patent Leaders ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, June 8th. Stockholders of record on Thursday, June 4th were issued a $0.049 dividend. The ex-dividend date of this dividend was Thursday, June 4th.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Pacer Nasdaq International Patent Leaders ETF stock. Mascagni Wealth Management Inc. acquired a new stake in shares of Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) during the 1st quarter, according to its most recent filing with the 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.

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.