Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Short Interest Up 266.7% in February

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 15,400 shares, an increase of 266.7% from the January 31st total of 4,200 shares. Based on an average trading volume of 17,100 shares, the short-interest ratio is presently 0.9 days.

Siren Nasdaq NexGen Economy ETF Trading Up 1.1 %

Siren Nasdaq NexGen Economy ETF stock opened at $22.39 on Friday. Siren Nasdaq NexGen Economy ETF has a 1-year low of $19.00 and a 1-year high of $30.66. The firm has a 50-day moving average of $25.86 and a 200-day moving average of $26.14. The firm has a market cap of $52.17 million, a P/E ratio of 20.80 and a beta of 1.24.

Hedge Funds Weigh In On Siren Nasdaq NexGen Economy ETF

Several hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC lifted its position in shares of 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 worth $166,000 after purchasing an additional 6,382 shares during the period. Smart Portfolios LLC bought a new stake in shares of Siren Nasdaq NexGen Economy ETF in the 4th quarter worth approximately $215,000. Flow Traders U.S. LLC bought a new position in shares of Siren Nasdaq NexGen Economy ETF during the third quarter valued at $225,000. Jane Street Group LLC lifted its stake in shares of 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 buying an additional 7,126 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc boosted 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 purchasing an additional 668 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.