Short Interest in Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN) Decreases By 74.2%

Posted by Logan Wallace on Jul 27th, 2026

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 69,826 shares, a decline 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 short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Pacer Nasdaq International Patent Leaders ETF stock. Sankala Group LLC purchased a new position in shares of Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,463 shares of the company’s stock, valued at approximately $201,000. Sankala Group LLC owned 0.57% of Pacer Nasdaq International Patent Leaders ETF as of its most recent filing with the Securities and Exchange Commission.

Pacer Nasdaq International Patent Leaders ETF Price Performance

NASDAQ:PATN traded up $0.03 during midday trading on Monday, hitting $34.03. The company’s stock had a trading volume of 54,108 shares, compared to its average volume of 57,362. Pacer Nasdaq International Patent Leaders ETF has a fifty-two week low of $23.01 and a fifty-two week high of $38.85. The firm has a market cap of $198.74 million, a P/E ratio of 18.15 and a beta of 0.99. The firm’s 50 day moving average is $35.98 and its 200-day moving average is $32.37.

Pacer Nasdaq International Patent Leaders ETF Dividend Announcement

The firm also recently disclosed 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.

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.