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 decline in short interest during the month of September. As of September 15th, there was short interest totaling 4,724 shares, a decline of 96.8% from the August 31st total of 149,065 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 100,448 shares, the days-to-cover ratio is presently 0.0 days.

Pacer Nasdaq International Patent Leaders ETF Price Performance

Shares of NASDAQ:PATN traded up $0.37 on Friday, reaching $36.21. 118,377 shares of the company traded hands, compared to its average volume of 76,803. The stock has a market capitalization of $321.54 million, a PE ratio of 18.15 and a beta of 1.03. The company’s 50 day moving average is $35.38 and its 200-day moving average is $34.07. Pacer Nasdaq International Patent Leaders ETF has a fifty-two week low of $25.44 and a fifty-two week high of $38.85.

Pacer Nasdaq International Patent Leaders ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Thursday, September 3rd were given a dividend of $0.0530 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.6%.

Hedge Funds Weigh In On Pacer Nasdaq International Patent Leaders ETF

A hedge fund recently bought a new stake in Pacer Nasdaq International Patent Leaders ETF stock. Mascagni Wealth Management Inc. acquired a new position in shares of Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 21,871 shares of the company’s stock, valued at approximately $621,000. Mascagni Wealth Management Inc. owned 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.