Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Sees Large Increase in Short Interest

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 18,500 shares, a growth of 351.2% from the October 31st total of 4,100 shares. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Investors Weigh In On Siren Nasdaq NexGen Economy ETF

Large investors have recently added to or reduced their stakes in the business. Flow Traders U.S. LLC acquired a new position in Siren Nasdaq NexGen Economy ETF in the 3rd quarter valued at $225,000. Jane Street Group LLC increased its stake in Siren Nasdaq NexGen Economy ETF by 92.6% during the 3rd quarter. Jane Street Group LLC now owns 14,819 shares of the company’s stock worth $371,000 after acquiring an additional 7,126 shares during the period. International Assets Investment Management LLC raised its stake in Siren Nasdaq NexGen Economy ETF by 2,399.2% in the third quarter. International Assets Investment Management LLC now owns 6,648 shares of the company’s stock valued at $166,000 after purchasing an additional 6,382 shares in the last quarter. Glass Jacobson Investment Advisors llc raised its stake in Siren Nasdaq NexGen Economy ETF by 9.7% in the second quarter. Glass Jacobson Investment Advisors llc now owns 15,719 shares of the company’s stock valued at $410,000 after purchasing an additional 1,390 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new stake in Siren Nasdaq NexGen Economy ETF during the second quarter worth about $30,000.

Siren Nasdaq NexGen Economy ETF Stock Up 0.4 %

Shares of BLCN stock traded up $0.11 on Wednesday, reaching $28.81. The stock had a trading volume of 11,379 shares, compared to its average volume of 20,378. Siren Nasdaq NexGen Economy ETF has a 12 month low of $19.00 and a 12 month high of $30.00. The firm has a market capitalization of $72.03 million, a price-to-earnings ratio of 20.80 and a beta of 1.24. The firm’s 50-day moving average is $26.20 and its two-hundred day moving average is $26.06.

Siren Nasdaq NexGen Economy ETF Company Profile

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.