Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) Shares Shorted: Short Interest Up 1,734.8% in October

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,211 shares, an increase of 1,734.8% from the October 15th total of 66 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 546 shares, the days-to-cover ratio is presently 2.2 days.

Pacer BlueStar Digital Entertainment ETF Stock Performance

Shares of ODDS opened at $24.39 on Wednesday. The company’s 50 day moving average price is $24.28 and its 200 day moving average price is $24.59. Pacer BlueStar Digital Entertainment ETF has a 52 week low of $22.61 and a 52 week high of $30.42. The company has a market capitalization of $3.42 million, a PE ratio of 16.88 and a beta of 1.09.

Pacer BlueStar Digital Entertainment ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Thursday, September 3rd were given a $0.0226 dividend. The ex-dividend date was Thursday, September 3rd. This represents a $0.09 dividend on an annualized basis and a yield of 0.4%.

Hedge Funds Weigh In On Pacer BlueStar Digital Entertainment ETF

An institutional investor recently bought a new stake in Pacer BlueStar Digital Entertainment ETF stock. Harbour Investments Inc. purchased a new position in Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,212 shares of the company’s stock, valued at approximately $98,000. Harbour Investments Inc. owned about 3.01% of Pacer BlueStar Digital Entertainment ETF at the end of the most recent 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.