Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) Stock Short Interest Rises 63.0%

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 44 shares, an increase of 63.0% from the September 15th total of 27 shares. Based on an average trading volume of 192 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Pacer BlueStar Digital Entertainment ETF Stock Performance

Shares of ODDS traded down $0.18 during mid-day trading on Friday, reaching $23.62. 541 shares of the company were exchanged, compared to its average volume of 878. The business has a 50 day simple moving average of $24.87 and a two-hundred day simple moving average of $24.61. The stock has a market capitalization of $3.78 million, a PE ratio of 24.94 and a beta of 1.10. Pacer BlueStar Digital Entertainment ETF has a 52 week low of $22.61 and a 52 week high of $32.47.

Pacer BlueStar Digital Entertainment ETF Dividend Announcement

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

Institutional Investors Weigh In On Pacer BlueStar Digital Entertainment ETF

An institutional investor recently raised its stake in Pacer BlueStar Digital Entertainment ETF stock. Citadel Advisors LLC raised its position in shares of Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) by 84.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,911 shares of the company’s stock after acquiring an additional 7,765 shares during the quarter. Citadel Advisors LLC owned about 10.57% of Pacer BlueStar Digital Entertainment ETF worth $408,000 as of its most recent SEC filing.

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.