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

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 133 shares, a drop of 51.1% from the July 15th total of 272 shares. Based on an average daily volume of 560 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Pacer BlueStar Digital Entertainment ETF Price Performance

Shares of ODDS remained flat at $25.63 during midday trading on Tuesday. The stock had a trading volume of 2,220 shares, compared to its average volume of 1,005. The firm has a market capitalization of $4.10 million, a P/E ratio of 24.94 and a beta of 1.09. The business has a 50-day moving average price of $24.82 and a 200-day moving average price of $24.54. Pacer BlueStar Digital Entertainment ETF has a 1 year low of $22.61 and a 1 year high of $35.52.

Pacer BlueStar Digital Entertainment ETF Increases Dividend

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

Institutional Investors Weigh In On Pacer BlueStar Digital Entertainment ETF

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

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.