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

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 93,006 shares, a growth of 21.7% from the February 26th total of 76,427 shares. Approximately 6.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 19,793 shares, the short-interest ratio is presently 4.7 days.

Siren Nasdaq NexGen Economy ETF Stock Performance

Shares of BLCN opened at $21.15 on Thursday. Siren Nasdaq NexGen Economy ETF has a 52 week low of $16.24 and a 52 week high of $30.50. The stock has a market capitalization of $29.61 million, a price-to-earnings ratio of 21.54 and a beta of 1.60. The stock has a fifty day moving average of $22.71 and a 200-day moving average of $25.04.

Hedge Funds Weigh In On Siren Nasdaq NexGen Economy ETF

Several large investors have recently bought and sold shares of the company. CWM LLC boosted its stake in shares of Siren Nasdaq NexGen Economy ETF by 14,430.0% during the fourth quarter. CWM LLC now owns 1,453 shares of the company’s stock valued at $35,000 after purchasing an additional 1,443 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Siren Nasdaq NexGen Economy ETF in the fourth quarter valued at approximately $56,000. Rockefeller Capital Management L.P. increased its stake in shares of Siren Nasdaq NexGen Economy ETF by 19.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,155 shares of the company’s stock valued at $76,000 after buying an additional 504 shares during the period. Osaic Holdings Inc. raised its holdings in Siren Nasdaq NexGen Economy ETF by 29.3% in the 2nd quarter. Osaic Holdings Inc. now owns 10,085 shares of the company’s stock valued at $235,000 after buying an additional 2,283 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in Siren Nasdaq NexGen Economy ETF in the 1st quarter valued at approximately $297,000.

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.