Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) Stock Short Interest Declines 54.2%

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 27 shares, a decline of 54.2% from the August 31st total of 59 shares. Based on an average daily trading volume, of 207 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Pacer BlueStar Digital Entertainment ETF Stock Down 0.3%

ODDS traded down $0.07 during midday trading on Wednesday, hitting $23.29. 530 shares of the company traded hands, compared to its average volume of 881. The company’s 50-day moving average is $25.24 and its 200 day moving average is $24.64. The firm has a market capitalization of $3.73 million, a PE ratio of 24.94 and a beta of 1.09. Pacer BlueStar Digital Entertainment ETF has a 52 week low of $22.61 and a 52 week high of $34.08.

Pacer BlueStar Digital Entertainment ETF Announces Dividend

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

Institutional Investors Weigh In On Pacer BlueStar Digital Entertainment ETF

An institutional investor recently raised its position in Pacer BlueStar Digital Entertainment ETF stock. Harbour Investments Inc. grew its position in shares of Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) by 67.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,554 shares of the company’s stock after buying an additional 5,447 shares during the quarter. Harbour Investments Inc. owned 8.47% of Pacer BlueStar Digital Entertainment ETF worth $395,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.