Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Get Free Report) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 69,826 shares, a drop of 74.2% from the June 30th total of 270,324 shares. Based on an average daily volume of 85,616 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.2% of the shares of the company are sold short.
Pacer Nasdaq International Patent Leaders ETF Price Performance
Shares of NASDAQ PATN traded down $0.62 during trading hours on Friday, hitting $33.95. 119,755 shares of the stock were exchanged, compared to its average volume of 57,386. The company’s 50 day moving average is $35.97 and its 200 day moving average is $32.30. The firm has a market capitalization of $198.27 million, a P/E ratio of 18.15 and a beta of 0.99. Pacer Nasdaq International Patent Leaders ETF has a one year low of $23.01 and a one year high of $38.85.
Pacer Nasdaq International Patent Leaders ETF Dividend Announcement
The company also recently announced a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were given 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
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.
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