Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Short Interest Update

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the target of a significant drop in short interest in the month of August. As of August 15th, there was short interest totaling 6,300 shares, adropof75.0% from the July 31st total of 25,200 shares. Based on an average trading volume of 12,200 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 12,200 shares, the short-interest ratio is currently 0.5 days.

Siren Nasdaq NexGen Economy ETF Stock Down 0.9%

Shares of NASDAQ:BLCN opened at $24.15 on Wednesday. Siren Nasdaq NexGen Economy ETF has a 12 month low of $16.24 and a 12 month high of $30.66. The company’s fifty day simple moving average is $24.02 and its 200 day simple moving average is $21.97. The firm has a market cap of $47.81 million, a price-to-earnings ratio of 21.54 and a beta of 1.24.

Siren Nasdaq NexGen Economy ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 25th. Investors of record on Tuesday, June 24th were issued a dividend of $0.0303 per share. The ex-dividend date was Tuesday, June 24th.

Institutional Investors Weigh In On Siren Nasdaq NexGen Economy ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Susquehanna International Group LLP increased its stake in Siren Nasdaq NexGen Economy ETF by 65.3% in the 4th quarter. Susquehanna International Group LLP now owns 88,299 shares of the company’s stock valued at $2,264,000 after buying an additional 34,881 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Siren Nasdaq NexGen Economy ETF in the 4th quarter valued at $938,000. Wealthfront Advisers LLC increased its stake in Siren Nasdaq NexGen Economy ETF by 5.7% in the 1st quarter. Wealthfront Advisers LLC now owns 11,521 shares of the company’s stock valued at $220,000 after buying an additional 626 shares during the last quarter. Financial Engines Advisors L.L.C. increased its stake in Siren Nasdaq NexGen Economy ETF by 12.0% in the 1st quarter. Financial Engines Advisors L.L.C. now owns 146,856 shares of the company’s stock valued at $2,809,000 after buying an additional 15,713 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in Siren Nasdaq NexGen Economy ETF in the 1st quarter valued at $297,000.

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.