Blank Item at end of rotation.

I am getting a blank item at the end of the rotation cycle.

I set the number of items to display per page to 5 and I have more than 5 items in the view. It will show items 1-5 then a blank. Then back to 1 and so forth. I have the rotation time set to 8 seconds, so there is 8 seconds per cycle no object being displayed (although the forward and back arrows will appear on hover.)

Is this by design?

I moved to the dev version, but am experiencing the same behavior. I am using nodeque to populate the view and am displaying it in panels.

Thanks.