Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) Short Interest Update

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 64 shares, a decline of 45.3% from the May 14th total of 117 shares. Based on an average daily volume of 512 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On Pacer BlueStar Digital Entertainment ETF

Large investors have recently made changes to their positions in the company. Cetera Investment Advisers purchased a new position in shares of Pacer BlueStar Digital Entertainment ETF during the 4th quarter worth about $216,000. Citadel Advisors LLC purchased a new position in shares of Pacer BlueStar Digital Entertainment ETF during the 3rd quarter worth about $263,000. Harbour Investments Inc. boosted its stake in shares of Pacer BlueStar Digital Entertainment ETF by 67.2% during the 4th quarter. Harbour Investments Inc. now owns 13,554 shares of the company’s stock worth $395,000 after purchasing an additional 5,447 shares during the period. Finally, Capital Investment Advisory Services LLC boosted its position in Pacer BlueStar Digital Entertainment ETF by 2.9% in the 4th quarter. Capital Investment Advisory Services LLC now owns 42,370 shares of the company’s stock valued at $1,235,000 after buying an additional 1,198 shares during the period.

Pacer BlueStar Digital Entertainment ETF Trading Down 0.7%

Shares of ODDS stock traded down $0.19 during trading hours on Friday, reaching $25.17. 81 shares of the stock were exchanged, compared to its average volume of 1,171. Pacer BlueStar Digital Entertainment ETF has a 12-month low of $22.61 and a 12-month high of $35.52. The company’s 50-day moving average price is $24.35 and its 200-day moving average price is $25.92. The firm has a market capitalization of $4.03 million, a price-to-earnings ratio of 24.94 and a beta of 1.10.

Pacer BlueStar Digital Entertainment ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, June 8th. Investors of record on Thursday, June 4th were paid a dividend of $0.1168 per share. The ex-dividend date of this dividend was Thursday, June 4th. This is a boost from Pacer BlueStar Digital Entertainment ETF’s previous dividend of $0.01.

About Pacer BlueStar Digital Entertainment ETF

The Pacer BlueStar Digital Entertainment ETF (ODDS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a tier-weighted index of globally-listed companies that focuses on the digital entertainment industry, including online gambling, video gaming, content streaming, and eSports. ODDS was launched on Apr 8, 2022 and is managed by Pacer.