Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) Short Interest Up 235.8% in July

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 272 shares, a growth of 235.8% from the June 30th total of 81 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 665 shares, the short-interest ratio is currently 0.4 days.

Pacer BlueStar Digital Entertainment ETF Price Performance

NASDAQ:ODDS traded up $0.71 during mid-day trading on Monday, reaching $24.78. The stock had a trading volume of 218 shares, compared to its average volume of 1,065. Pacer BlueStar Digital Entertainment ETF has a 12 month low of $22.61 and a 12 month high of $35.52. The stock has a market capitalization of $3.96 million, a PE ratio of 24.94 and a beta of 1.09. The stock has a 50-day simple moving average of $24.53 and a two-hundred day simple moving average of $24.84.

Pacer BlueStar Digital Entertainment ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, June 8th. Shareholders of record on Thursday, June 4th were issued a $0.1168 dividend. 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.

Hedge Funds Weigh In On Pacer BlueStar Digital Entertainment ETF

A number of institutional investors have recently modified their holdings of the business. Cetera Investment Advisers bought a new stake in shares of Pacer BlueStar Digital Entertainment ETF during the 4th quarter worth $216,000. Citadel Advisors LLC bought a new position in Pacer BlueStar Digital Entertainment ETF in the third quarter valued at about $263,000. Harbour Investments Inc. raised its stake in Pacer BlueStar Digital Entertainment ETF by 67.2% during the fourth quarter. Harbour Investments Inc. now owns 13,554 shares of the company’s stock worth $395,000 after acquiring an additional 5,447 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its stake in Pacer BlueStar Digital Entertainment ETF by 2.9% during the fourth quarter. Capital Investment Advisory Services LLC now owns 42,370 shares of the company’s stock worth $1,235,000 after acquiring an additional 1,198 shares in the last quarter.

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.