Short Interest in Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Expands By 177.8%

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCNGet Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 7,500 shares, a growth of 177.8% from the May 15th total of 2,700 shares. Based on an average daily trading volume, of 15,100 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Siren Nasdaq NexGen Economy ETF

Several institutional investors and hedge funds have recently made changes to their positions in BLCN. Financial Engines Advisors L.L.C. boosted its position in shares of Siren Nasdaq NexGen Economy ETF by 4.2% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 72,249 shares of the company’s stock worth $1,372,000 after buying an additional 2,943 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its stake in Siren Nasdaq NexGen Economy ETF by 19.9% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 8,816 shares of the company’s stock valued at $215,000 after purchasing an additional 1,462 shares during the last quarter. International Assets Investment Management LLC raised its stake in Siren Nasdaq NexGen Economy ETF by 2,339.8% in the 4th quarter. International Assets Investment Management LLC now owns 7,173 shares of the company’s stock valued at $175,000 after purchasing an additional 6,879 shares during the last quarter. Finally, Vima LLC acquired a new position in Siren Nasdaq NexGen Economy ETF in the 4th quarter valued at about $48,000.

Siren Nasdaq NexGen Economy ETF Stock Up 1.4 %

Shares of Siren Nasdaq NexGen Economy ETF stock traded up $0.36 on Friday, hitting $26.68. The company’s stock had a trading volume of 9,566 shares, compared to its average volume of 21,223. Siren Nasdaq NexGen Economy ETF has a 52-week low of $18.24 and a 52-week high of $28.52. The firm has a fifty day moving average price of $26.02 and a 200-day moving average price of $25.07. The company has a market capitalization of $76.04 million, a P/E ratio of 20.80 and a beta of 1.24.

Siren Nasdaq NexGen Economy ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 26th. Investors of record on Monday, March 25th were given a $0.0458 dividend. The ex-dividend date of this dividend was Friday, March 22nd. This is a positive change from Siren Nasdaq NexGen Economy ETF’s previous dividend of $0.01.

Siren Nasdaq NexGen Economy ETF Company Profile

(Get Free Report)

The Siren Nasdaq NexGen Economy ETF (BLCN) is an exchange-traded fund that is based on the Siren NASDAQ Blockchain Economy index. The fund tracks an index of global companies involved in developing, researching, or using blockchain technologies. BLCN was launched on Jan 17, 2018 and is managed by Siren.

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