Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) Short Interest Down 71.6% in May

Posted by Amy Steele on Jun 11th, 2026

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Get Free Report) saw a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 32,162 shares, a decrease of 71.6% from the May 14th total of 113,417 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average daily volume of 51,835 shares, the days-to-cover ratio is presently 0.6 days.

Pacer Nasdaq International Patent Leaders ETF Stock Performance

Pacer Nasdaq International Patent Leaders ETF stock traded up $1.67 during midday trading on Thursday, reaching $36.35. 41,960 shares of the company’s stock were exchanged, compared to its average volume of 44,402. The stock’s 50-day simple moving average is $33.19 and its 200 day simple moving average is $30.28. The firm has a market cap of $89.42 million, a price-to-earnings ratio of 18.15 and a beta of 0.99. Pacer Nasdaq International Patent Leaders ETF has a 52 week low of $22.18 and a 52 week high of $38.17.

Pacer Nasdaq International Patent Leaders ETF Dividend Announcement

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

Institutional Investors 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. bought a new stake in 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 Securities and Exchange Commission (SEC). The fund bought 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 as of its most recent filing with the Securities and Exchange Commission (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.