Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) Stock Short Interest Climbs 1,734.8%

Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 1,211 shares, an increase of 1,734.8% from the October 15th total of 66 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average trading volume of 546 shares, the days-to-cover ratio is currently 2.2 days.

Pacer BlueStar Digital Entertainment ETF Trading Down 1.0%

ODDS stock traded down $0.24 during mid-day trading on Tuesday, hitting $24.32. 18 shares of the company were exchanged, compared to its average volume of 852. Pacer BlueStar Digital Entertainment ETF has a 1-year low of $22.61 and a 1-year high of $30.42. The stock has a market capitalization of $3.41 million, a PE ratio of 16.88 and a beta of 1.09. The business has a 50 day simple moving average of $24.28 and a 200-day simple moving average of $24.59.

Pacer BlueStar Digital Entertainment ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Stockholders of record on Thursday, September 3rd were paid 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 dividend yield of 0.4%.

Institutional Trading of Pacer BlueStar Digital Entertainment ETF

An institutional investor recently raised its position in Pacer BlueStar Digital Entertainment ETF stock. Citadel Advisors LLC grew its position in shares of Pacer BlueStar Digital Entertainment ETF (NASDAQ:ODDS) by 84.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,911 shares of the company’s stock after buying an additional 7,765 shares during the period. Citadel Advisors LLC owned approximately 10.57% of Pacer BlueStar Digital Entertainment ETF worth $408,000 at the end of the most recent quarter.

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.