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

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ODDS. Capital Investment Advisory Services LLC boosted its holdings in Pacer BlueStar Digital Entertainment ETF by 2.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 42,370 shares of the company’s stock valued at $1,235,000 after acquiring an additional 1,198 shares during the last quarter. Harbour Investments Inc. grew its stake in 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 valued at $395,000 after acquiring an additional 5,447 shares during the period. Cetera Investment Advisers acquired a new position in shares of Pacer BlueStar Digital Entertainment ETF in the 4th quarter valued at approximately $216,000. Finally, Citadel Advisors LLC bought a new stake in shares of Pacer BlueStar Digital Entertainment ETF during the third quarter worth $263,000.

Pacer BlueStar Digital Entertainment ETF Stock Down 0.5%

NASDAQ:ODDS traded down $0.13 on Tuesday, reaching $24.78. The stock had a trading volume of 218 shares, compared to its average volume of 1,065. The company has a market capitalization of $3.96 million, a P/E ratio of 24.94 and a beta of 1.09. Pacer BlueStar Digital Entertainment ETF has a 1-year low of $22.61 and a 1-year high of $35.52. The stock has a fifty day moving average price of $24.53 and a 200-day moving average price of $24.84.

Pacer BlueStar Digital Entertainment ETF Increases Dividend

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