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

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Financial Engines Advisors L.L.C. grew its stake in Siren Nasdaq NexGen Economy ETF by 26.7% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 131,143 shares of the company’s stock valued at $3,363,000 after purchasing an additional 27,601 shares in the last quarter. Susquehanna International Group LLP grew its stake in shares of 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 buying an additional 34,881 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Siren Nasdaq NexGen Economy ETF in the fourth quarter worth approximately $938,000. Glass Jacobson Investment Advisors llc raised its position in 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 valued at $441,000 after acquiring an additional 802 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of Siren Nasdaq NexGen Economy ETF by 92.6% during the 3rd 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.

Siren Nasdaq NexGen Economy ETF Price Performance

NASDAQ BLCN traded up $0.15 on Friday, hitting $22.29. 859 shares of the stock were exchanged, compared to its average volume of 14,351. Siren Nasdaq NexGen Economy ETF has a 52-week low of $19.00 and a 52-week high of $30.66. The company’s 50-day moving average price is $25.86 and its two-hundred day moving average price is $26.14. The company has a market capitalization of $51.95 million, a price-to-earnings ratio of 20.80 and a beta of 1.24.

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.