Short Interest in Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) Decreases By 45.3%

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the target of a significant 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 trading volume of 512 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Pacer BlueStar Digital Entertainment ETF Stock Performance

Shares of NASDAQ ODDS traded down $0.18 during mid-day trading on Monday, reaching $24.99. The company had a trading volume of 1,318 shares, compared to its average volume of 1,173. Pacer BlueStar Digital Entertainment ETF has a twelve month low of $22.61 and a twelve month high of $35.52. The stock has a market capitalization of $4.00 million, a PE ratio of 24.94 and a beta of 1.10. The stock’s 50 day moving average is $24.38 and its 200-day moving average is $25.87.

Pacer BlueStar Digital Entertainment ETF Increases Dividend

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

Hedge Funds Weigh In On Pacer BlueStar Digital Entertainment ETF

A number of hedge funds have recently modified their holdings of ODDS. Citadel Advisors LLC acquired a new position in shares of Pacer BlueStar Digital Entertainment ETF in the third quarter worth $263,000. Capital Investment Advisory Services LLC increased its stake in shares of 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 worth $1,235,000 after acquiring an additional 1,198 shares during the last quarter. Harbour Investments Inc. raised its holdings 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 valued at $395,000 after purchasing an additional 5,447 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of Pacer BlueStar Digital Entertainment ETF in the 4th quarter valued at $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.