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

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 5,700 shares, an increase of 103.6% from the February 28th total of 2,800 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 11,900 shares, the short-interest ratio is presently 0.5 days.

Siren Nasdaq NexGen Economy ETF Stock Performance

BLCN stock opened at $20.21 on Friday. The stock’s 50 day simple moving average is $23.73 and its 200 day simple moving average is $25.58. The company has a market cap of $47.08 million, a P/E ratio of 16.65 and a beta of 1.24. Siren Nasdaq NexGen Economy ETF has a fifty-two week low of $19.00 and a fifty-two week high of $30.66.

Hedge Funds Weigh In On Siren Nasdaq NexGen Economy ETF

A number of institutional investors have recently modified their holdings of the company. Susquehanna International Group LLP grew its position in Siren Nasdaq NexGen Economy ETF by 65.3% in the 4th quarter. Susquehanna International Group LLP now owns 88,299 shares of the company’s stock valued at $2,264,000 after purchasing an additional 34,881 shares during the period. Glass Jacobson Investment Advisors llc increased its position in shares of Siren Nasdaq NexGen Economy ETF by 4.9% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 17,189 shares of the company’s stock worth $441,000 after acquiring an additional 802 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Siren Nasdaq NexGen Economy ETF in the 4th quarter worth about $938,000. Financial Engines Advisors L.L.C. lifted its position in Siren Nasdaq NexGen Economy ETF by 26.7% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 131,143 shares of the company’s stock valued at $3,363,000 after acquiring an additional 27,601 shares in the last quarter. Finally, Smart Portfolios LLC acquired a new position in Siren Nasdaq NexGen Economy ETF during the 4th quarter valued at about $215,000.

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.