Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) Short Interest Down 51.1% in July

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 133 shares, a decline of 51.1% from the July 15th total of 272 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 560 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Pacer BlueStar Digital Entertainment ETF

A number of hedge funds have recently modified their holdings of ODDS. Cetera Investment Advisers purchased a new position in Pacer BlueStar Digital Entertainment ETF during the fourth quarter worth about $216,000. Citadel Advisors LLC purchased a new stake in shares of Pacer BlueStar Digital Entertainment ETF in the 3rd quarter valued at approximately $263,000. Finally, Harbour Investments Inc. grew its stake in shares of Pacer BlueStar Digital Entertainment ETF by 67.2% in the 4th quarter. Harbour Investments Inc. now owns 13,554 shares of the company’s stock valued at $395,000 after buying an additional 5,447 shares during the period.

Pacer BlueStar Digital Entertainment ETF Trading Down 0.0%

NASDAQ:ODDS traded down $0.00 during trading hours on Monday, hitting $26.02. The company had a trading volume of 21 shares, compared to its average volume of 997. Pacer BlueStar Digital Entertainment ETF has a 1 year low of $22.61 and a 1 year high of $35.52. The company has a market cap of $4.16 million, a P/E ratio of 24.94 and a beta of 1.09. The company has a 50-day moving average of $24.79 and a 200 day moving average of $24.55.

Pacer BlueStar Digital Entertainment ETF Increases Dividend

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

Pacer BlueStar Digital Entertainment ETF Company Profile

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.