Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Short Interest Down 15.1% in January

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 46,203 shares, a drop of 15.1% from the January 15th total of 54,433 shares. Based on an average daily trading volume, of 11,031 shares, the days-to-cover ratio is presently 4.2 days. Currently, 3.1% of the company’s stock are sold short. Currently, 3.1% of the company’s stock are sold short. Based on an average daily trading volume, of 11,031 shares, the days-to-cover ratio is presently 4.2 days.

Siren Nasdaq NexGen Economy ETF Stock Up 0.4%

BLCN opened at $23.10 on Monday. The firm’s 50 day moving average is $24.42 and its 200-day moving average is $25.47. Siren Nasdaq NexGen Economy ETF has a 52-week low of $16.24 and a 52-week high of $30.50. The firm has a market capitalization of $34.65 million, a P/E ratio of 21.54 and a beta of 1.60.

Siren Nasdaq NexGen Economy ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 19th were issued a $0.6912 dividend. The ex-dividend date was Friday, December 19th. This represents a $2.76 dividend on an annualized basis and a yield of 12.0%.

Institutional Trading of Siren Nasdaq NexGen Economy ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. CWM LLC lifted its stake in shares of Siren Nasdaq NexGen Economy ETF by 14,430.0% in the fourth quarter. CWM LLC now owns 1,453 shares of the company’s stock worth $35,000 after acquiring an additional 1,443 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Siren Nasdaq NexGen Economy ETF during the 4th quarter worth approximately $56,000. Osaic Holdings Inc. raised its position in shares of Siren Nasdaq NexGen Economy ETF by 29.3% in the 2nd quarter. Osaic Holdings Inc. now owns 10,085 shares of the company’s stock valued at $235,000 after purchasing an additional 2,283 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Siren Nasdaq NexGen Economy ETF in the 1st quarter valued at approximately $297,000. Finally, Glass Jacobson Investment Advisors llc boosted its stake in shares of Siren Nasdaq NexGen Economy ETF by 11.3% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 19,136 shares of the company’s stock valued at $446,000 after buying an additional 1,947 shares during the last quarter.

About Siren Nasdaq NexGen Economy ETF

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.