Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) Sees Large Decline in Short Interest

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Get Free Report) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,724 shares, a decrease of 96.8% from the August 31st total of 149,065 shares. Based on an average trading volume of 100,448 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.

Pacer Nasdaq International Patent Leaders ETF Stock Performance

Shares of NASDAQ PATN traded down $0.15 during trading hours on Thursday, hitting $35.84. 154,702 shares of the stock were exchanged, compared to its average volume of 76,578. The company’s fifty day simple moving average is $35.34 and its two-hundred day simple moving average is $34.05. The company has a market cap of $318.26 million, a PE ratio of 18.15 and a beta of 1.03. Pacer Nasdaq International Patent Leaders ETF has a 1-year low of $25.44 and a 1-year high of $38.85.

Pacer Nasdaq International Patent Leaders ETF Announces Dividend

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

Hedge Funds Weigh In On Pacer Nasdaq International Patent Leaders ETF

An institutional investor recently bought a new position in Pacer Nasdaq International Patent Leaders ETF stock. Mascagni Wealth Management Inc. purchased a new position in shares of Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 21,871 shares of the company’s stock, valued at approximately $621,000. Mascagni Wealth Management Inc. owned approximately 0.89% of Pacer Nasdaq International Patent Leaders ETF as of its most recent filing with the SEC.

About Pacer Nasdaq International Patent Leaders ETF

(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.

See Also

Receive News & Ratings for Pacer Nasdaq International Patent Leaders ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacer Nasdaq International Patent Leaders ETF and related companies with MarketBeat.com's FREE daily email newsletter.