Short Interest in Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Expands By 42.8%

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 76,427 shares, an increase of 42.8% from the February 12th total of 53,524 shares. Based on an average daily volume of 17,936 shares, the short-interest ratio is presently 4.3 days. Currently, 5.1% of the shares of the company are sold short. Currently, 5.1% of the shares of the company are sold short. Based on an average daily volume of 17,936 shares, the short-interest ratio is presently 4.3 days.

Institutional Trading of Siren Nasdaq NexGen Economy ETF

A number of hedge funds have recently modified their holdings of BLCN. Jane Street Group LLC acquired a new stake in Siren Nasdaq NexGen Economy ETF during the first quarter worth about $297,000. CWM LLC raised its position in Siren Nasdaq NexGen Economy ETF by 14,430.0% during the fourth quarter. CWM LLC now owns 1,453 shares of the company’s stock valued at $35,000 after acquiring an additional 1,443 shares in the last quarter. Osaic Holdings Inc. lifted its holdings in Siren Nasdaq NexGen Economy ETF by 29.3% in the second quarter. Osaic Holdings Inc. now owns 10,085 shares of the company’s stock valued at $235,000 after acquiring an additional 2,283 shares during the period. Kestra Advisory Services LLC purchased a new stake in Siren Nasdaq NexGen Economy ETF in the 4th quarter worth approximately $56,000. Finally, Glass Jacobson Investment Advisors llc boosted its position in Siren Nasdaq NexGen Economy ETF by 6.6% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 20,405 shares of the company’s stock worth $565,000 after purchasing an additional 1,269 shares in the last quarter.

Siren Nasdaq NexGen Economy ETF Price Performance

NASDAQ BLCN opened at $21.76 on Monday. The company has a market capitalization of $32.64 million, a PE ratio of 21.54 and a beta of 1.60. The company has a fifty day moving average of $23.53 and a 200 day moving average of $25.29. Siren Nasdaq NexGen Economy ETF has a 1 year low of $16.24 and a 1 year high of $30.50.

Siren Nasdaq NexGen Economy ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 19th were paid a dividend of $0.6912 per share. The ex-dividend date was Friday, December 19th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 12.7%.

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.