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

Posted by James Conley on Jul 26th, 2026

Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Get Free Report) was the target of a significant drop in short interest in 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 trading volume, of 85,616 shares, the days-to-cover ratio is presently 0.8 days. Currently, 1.2% of the shares of the company are sold short.

Pacer Nasdaq International Patent Leaders ETF Trading Down 1.8%

PATN traded down $0.62 on Friday, hitting $33.95. 119,755 shares of the stock traded hands, compared to its average volume of 57,386. The business has a fifty day moving average price of $35.97 and a two-hundred day moving average price of $32.30. Pacer Nasdaq International Patent Leaders ETF has a 52 week low of $23.01 and a 52 week high of $38.85. The firm has a market capitalization of $198.27 million, a PE ratio of 18.15 and a beta of 0.99.

Pacer Nasdaq International Patent Leaders ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were issued a $0.049 dividend. 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 stake in Pacer Nasdaq International Patent Leaders ETF stock. Mascagni Wealth Management Inc. bought a new position in Pacer Nasdaq International Patent Leaders ETF (NASDAQ:PATN – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 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 at the end of the most recent quarter.

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.