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

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 64 shares, a decrease 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 stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Capital Investment Advisory Services LLC grew its stake in Pacer BlueStar Digital Entertainment ETF by 2.9% during the 4th quarter. Capital Investment Advisory Services LLC now owns 42,370 shares of the company’s stock worth $1,235,000 after buying an additional 1,198 shares during the last quarter. Harbour Investments Inc. grew its stake in 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 buying an additional 5,447 shares during the last quarter. Cetera Investment Advisers purchased a new position in Pacer BlueStar Digital Entertainment ETF during the 4th quarter worth $216,000. Finally, Citadel Advisors LLC purchased a new position in shares of Pacer BlueStar Digital Entertainment ETF in the third quarter worth $263,000.

Pacer BlueStar Digital Entertainment ETF Stock Performance

ODDS stock traded down $0.19 on Friday, hitting $25.17. 81 shares of the company’s 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 firm has a 50 day moving average price of $24.35 and a two-hundred day moving average price of $25.92. The stock has a market cap of $4.03 million, a P/E ratio of 24.94 and a beta of 1.10.

Pacer BlueStar Digital Entertainment ETF Increases Dividend

The firm also recently announced 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. This is a positive change from Pacer BlueStar Digital Entertainment ETF’s previous dividend of $0.01. The ex-dividend date was Thursday, June 4th.

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.