Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Short Interest Down 41.0% in April

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 69,642 shares, a drop of 41.0% from the March 31st total of 118,032 shares. Based on an average trading volume of 41,874 shares, the short-interest ratio is presently 1.7 days. Currently, 4.7% of the company’s shares are short sold.

Siren Nasdaq NexGen Economy ETF Stock Performance

Shares of BLCN stock opened at $24.06 on Tuesday. Siren Nasdaq NexGen Economy ETF has a 52-week low of $18.55 and a 52-week high of $30.50. The firm has a market capitalization of $35.61 million, a P/E ratio of 21.54 and a beta of 1.59. The stock has a 50 day moving average price of $22.40 and a 200 day moving average price of $24.39.

Institutional Investors Weigh In On Siren Nasdaq NexGen Economy ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Rockefeller Capital Management L.P. lifted its stake in shares of Siren Nasdaq NexGen Economy ETF by 19.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,155 shares of the company’s stock worth $76,000 after acquiring an additional 504 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of Siren Nasdaq NexGen Economy ETF during the 4th quarter worth approximately $56,000. Jane Street Group LLC bought a new stake in shares of Siren Nasdaq NexGen Economy ETF during the 4th quarter worth approximately $555,000. CWM LLC lifted its stake in shares of Siren Nasdaq NexGen Economy ETF by 14,430.0% during the 4th quarter. CWM LLC now owns 1,453 shares of the company’s stock worth $35,000 after acquiring an additional 1,443 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc lifted its stake in shares of Siren Nasdaq NexGen Economy ETF by 6.6% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 20,405 shares of the company’s stock worth $565,000 after acquiring an additional 1,269 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.