Short Interest in Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Expands By 69.2%

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 31,300 shares, an increase of 69.2% from the November 15th total of 18,500 shares. Based on an average daily trading volume, of 19,700 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On Siren Nasdaq NexGen Economy ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BLCN. Glass Jacobson Investment Advisors llc lifted its position 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 worth $410,000 after buying an additional 668 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Siren Nasdaq NexGen Economy ETF by 92.6% during the third quarter. Jane Street Group LLC now owns 14,819 shares of the company’s stock valued at $371,000 after purchasing an additional 7,126 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Siren Nasdaq NexGen Economy ETF during the third quarter valued at approximately $225,000. International Assets Investment Management LLC raised 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 worth $166,000 after purchasing an additional 6,382 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in Siren Nasdaq NexGen Economy ETF during the 2nd quarter worth $30,000.

Siren Nasdaq NexGen Economy ETF Trading Up 1.3 %

NASDAQ BLCN traded up $0.39 on Thursday, reaching $29.39. The company’s stock had a trading volume of 3,957 shares, compared to its average volume of 20,591. The firm has a market cap of $73.48 million, a PE ratio of 20.80 and a beta of 1.24. Siren Nasdaq NexGen Economy ETF has a 52 week low of $19.00 and a 52 week high of $30.66. The business has a 50-day moving average price of $27.15 and a 200 day moving average price of $26.28.

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.