Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) Short Interest Down 61.3% in May

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 117 shares, a drop of 61.3% from the April 30th total of 302 shares. Based on an average daily trading volume, of 696 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Pacer BlueStar Digital Entertainment ETF Trading Down 0.0%

Shares of Pacer BlueStar Digital Entertainment ETF stock opened at $24.24 on Friday. 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 cap of $3.88 million, a PE ratio of 24.94 and a beta of 1.12. The company has a 50-day moving average of $24.09 and a two-hundred day moving average of $26.23.

Pacer BlueStar Digital Entertainment ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, March 9th. Shareholders of record on Thursday, March 5th were issued a $0.0068 dividend. The ex-dividend date of this dividend was Thursday, March 5th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Capital Investment Advisory Services LLC purchased a new position in Pacer BlueStar Digital Entertainment ETF in the third quarter valued at about $1,398,000. Cetera Investment Advisers purchased a new position in Pacer BlueStar Digital Entertainment ETF in the fourth quarter valued at about $216,000. Citadel Advisors LLC purchased a new position in Pacer BlueStar Digital Entertainment ETF in the third quarter valued at about $263,000. Finally, Harbour Investments Inc. increased its stake in shares of 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 purchasing an additional 5,447 shares in the last quarter.

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.