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

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 117 shares, a decline of 61.3% from the April 30th total of 302 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 696 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Pacer BlueStar Digital Entertainment ETF

A number of hedge funds have recently made changes to their positions in the stock. Capital Investment Advisory Services LLC boosted its holdings in shares of Pacer BlueStar Digital Entertainment ETF by 2.9% in the 4th quarter. Capital Investment Advisory Services LLC now owns 42,370 shares of the company’s stock valued at $1,235,000 after purchasing an additional 1,198 shares during the last quarter. Harbour Investments Inc. boosted its holdings in shares of Pacer BlueStar Digital Entertainment ETF by 67.2% in 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 last quarter. Cetera Investment Advisers acquired a new position in shares of Pacer BlueStar Digital Entertainment ETF in the 4th quarter valued at $216,000. Finally, Citadel Advisors LLC acquired a new position in shares of Pacer BlueStar Digital Entertainment ETF in the 3rd quarter valued at $263,000.

Pacer BlueStar Digital Entertainment ETF Stock Performance

ODDS stock opened at $24.24 on Friday. The stock has a market capitalization of $3.88 million, a P/E ratio of 24.94 and a beta of 1.12. Pacer BlueStar Digital Entertainment ETF has a one year low of $22.61 and a one year high of $35.52. The company has a 50 day moving average price of $24.09 and a two-hundred day moving average price of $26.23.

Pacer BlueStar Digital Entertainment ETF Announces Dividend

The business also recently declared 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 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.