Short Interest in Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Rises By 69.2%

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 31,300 shares, a growth of 69.2% from the November 15th total of 18,500 shares. Based on an average daily volume of 19,700 shares, the short-interest ratio is currently 1.6 days.

Siren Nasdaq NexGen Economy ETF Price Performance

BLCN stock traded up $0.03 on Friday, reaching $29.04. The company’s stock had a trading volume of 23,928 shares, compared to its average volume of 20,630. Siren Nasdaq NexGen Economy ETF has a 52 week low of $19.00 and a 52 week high of $30.66. The company has a market capitalization of $72.60 million, a P/E ratio of 20.80 and a beta of 1.24. The firm has a fifty day moving average of $27.32 and a two-hundred day moving average of $26.31.

Institutional Investors Weigh In On Siren Nasdaq NexGen Economy ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BLCN. Glass Jacobson Investment Advisors llc increased its stake in Siren Nasdaq NexGen Economy ETF by 4.2% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 16,387 shares of the company’s stock valued at $410,000 after buying an additional 668 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in shares of Siren Nasdaq NexGen Economy ETF in the second quarter valued at approximately $30,000. International Assets Investment Management LLC increased its stake in shares of Siren Nasdaq NexGen Economy ETF by 2,399.2% during the third quarter. International Assets Investment Management LLC now owns 6,648 shares of the company’s stock valued at $166,000 after acquiring an additional 6,382 shares during the period. Jane Street Group LLC raised its holdings in Siren Nasdaq NexGen Economy ETF by 92.6% during the third quarter. Jane Street Group LLC now owns 14,819 shares of the company’s stock worth $371,000 after purchasing an additional 7,126 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in Siren Nasdaq NexGen Economy ETF in the third quarter worth approximately $225,000.

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.