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

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 9,100 shares, a drop of 70.9% from the November 30th total of 31,300 shares. Based on an average daily trading volume, of 20,400 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Siren Nasdaq NexGen Economy ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BLCN. Glass Jacobson Investment Advisors llc lifted its holdings in shares of 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 Siren Nasdaq NexGen Economy ETF in the second quarter valued at about $30,000. International Assets Investment Management LLC lifted its holdings in Siren Nasdaq NexGen Economy ETF by 2,399.2% in 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 boosted its position in Siren Nasdaq NexGen Economy ETF by 92.6% in 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 during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of Siren Nasdaq NexGen Economy ETF during the 3rd quarter valued at about $225,000.

Siren Nasdaq NexGen Economy ETF Stock Down 0.2 %

Shares of NASDAQ BLCN traded down $0.05 during trading on Thursday, reaching $26.60. 8,280 shares of the company traded hands, compared to its average volume of 20,349. The firm has a 50 day simple moving average of $27.60 and a 200-day simple moving average of $26.35. Siren Nasdaq NexGen Economy ETF has a 52-week low of $19.00 and a 52-week high of $30.66. The stock has a market capitalization of $66.50 million, a PE ratio of 20.80 and a beta of 1.24.

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.