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

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 18,500 shares, an increase of 351.2% from the October 31st total of 4,100 shares. Based on an average daily trading volume, of 17,500 shares, the days-to-cover ratio is presently 1.1 days.

Siren Nasdaq NexGen Economy ETF Stock Performance

Siren Nasdaq NexGen Economy ETF stock traded up $0.11 during trading on Thursday, hitting $28.81. The company’s stock had a trading volume of 11,379 shares, compared to its average volume of 20,378. The stock has a market capitalization of $72.03 million, a price-to-earnings ratio of 20.80 and a beta of 1.24. The stock’s fifty day moving average is $26.29 and its 200 day moving average is $26.08. Siren Nasdaq NexGen Economy ETF has a 1-year low of $19.00 and a 1-year high of $30.00.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BLCN. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Siren Nasdaq NexGen Economy ETF during the 2nd quarter worth approximately $30,000. Glass Jacobson Investment Advisors llc increased its position in Siren Nasdaq NexGen Economy ETF by 9.7% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 15,719 shares of the company’s stock valued at $410,000 after acquiring an additional 1,390 shares during the period. International Assets Investment Management LLC increased its position in Siren Nasdaq NexGen Economy ETF by 2,399.2% in the 3rd 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. Flow Traders U.S. LLC acquired a new stake in Siren Nasdaq NexGen Economy ETF in the 3rd quarter valued at approximately $225,000. Finally, Jane Street Group LLC increased its position in Siren Nasdaq NexGen Economy ETF by 92.6% in the 3rd quarter. Jane Street Group LLC now owns 14,819 shares of the company’s stock valued at $371,000 after acquiring an additional 7,126 shares during the period.

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.