Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Short Interest Down 15.1% in January

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 46,203 shares, a drop of 15.1% from the January 15th total of 54,433 shares. Based on an average daily volume of 11,031 shares, the short-interest ratio is presently 4.2 days. Currently, 3.1% of the company’s shares are short sold. Currently, 3.1% of the company’s shares are short sold. Based on an average daily volume of 11,031 shares, the short-interest ratio is presently 4.2 days.

Siren Nasdaq NexGen Economy ETF Price Performance

BLCN stock opened at $22.58 on Wednesday. Siren Nasdaq NexGen Economy ETF has a 12 month low of $16.24 and a 12 month high of $30.50. The firm’s 50-day moving average is $24.30 and its 200 day moving average is $25.45. The company has a market capitalization of $33.87 million, a PE ratio of 21.54 and a beta of 1.60.

Siren Nasdaq NexGen Economy ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 19th were paid a dividend of $0.6912 per share. This represents a $2.76 annualized dividend and a dividend yield of 12.2%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC purchased a new stake in shares of Siren Nasdaq NexGen Economy ETF in the 4th quarter worth $56,000. Jane Street Group LLC bought a new stake in shares of Siren Nasdaq NexGen Economy ETF in the fourth quarter valued at about $555,000. CWM LLC lifted its stake in Siren Nasdaq NexGen Economy ETF by 14,430.0% in the fourth quarter. CWM LLC now owns 1,453 shares of the company’s stock worth $35,000 after acquiring an additional 1,443 shares during the period. Glass Jacobson Investment Advisors llc grew its holdings in Siren Nasdaq NexGen Economy ETF by 6.6% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 20,405 shares of the company’s stock worth $565,000 after acquiring an additional 1,269 shares in the last quarter. Finally, Osaic Holdings Inc. grew its holdings in Siren Nasdaq NexGen Economy ETF by 29.3% during the 2nd quarter. Osaic Holdings Inc. now owns 10,085 shares of the company’s stock worth $235,000 after acquiring an additional 2,283 shares in the last quarter.

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.