Short Interest in Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) Declines By 36.2%

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 302 shares, a drop of 36.2% from the April 15th total of 473 shares. Based on an average trading volume of 1,936 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Trading of Pacer BlueStar Digital Entertainment ETF

Large investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers acquired a new stake in Pacer BlueStar Digital Entertainment ETF in the 4th quarter valued at approximately $216,000. Citadel Advisors LLC acquired a new position in shares of Pacer BlueStar Digital Entertainment ETF during the 3rd quarter valued at $263,000. Harbour Investments Inc. increased its position 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 during the period. Finally, Capital Investment Advisory Services LLC acquired a new position in shares of Pacer BlueStar Digital Entertainment ETF during the 3rd quarter valued at $1,398,000.

Pacer BlueStar Digital Entertainment ETF Price Performance

ODDS remained flat at $24.20 during trading hours on Tuesday. The company had a trading volume of 133 shares, compared to its average volume of 1,294. 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 capitalization of $3.87 million, a price-to-earnings ratio of 24.94 and a beta of 1.12. The business’s fifty day moving average is $24.11 and its 200-day moving average is $26.58.

Pacer BlueStar Digital Entertainment ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, March 9th. Investors of record on Thursday, March 5th were given a $0.0068 dividend. The ex-dividend date was Thursday, March 5th.

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.