Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Short Interest Up 21.7% in March

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

Siren Nasdaq NexGen Economy ETF Stock Up 3.1%

Shares of NASDAQ BLCN opened at $20.99 on Wednesday. The firm has a market cap of $31.49 million, a P/E ratio of 21.54 and a beta of 1.60. Siren Nasdaq NexGen Economy ETF has a twelve month low of $16.24 and a twelve month high of $30.50. The company has a 50 day moving average of $22.79 and a 200 day moving average of $25.06.

Institutional Investors Weigh In On Siren Nasdaq NexGen Economy ETF

Several large investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new position in Siren Nasdaq NexGen Economy ETF in the 4th quarter worth about $555,000. Kestra Advisory Services LLC purchased a new stake in shares of Siren Nasdaq NexGen Economy ETF during the 4th quarter valued at about $56,000. Osaic Holdings Inc. boosted its holdings in shares of 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 valued at $235,000 after acquiring an additional 2,283 shares during the last quarter. CWM LLC grew its stake in shares of 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. Finally, Glass Jacobson Investment Advisors llc grew its stake in shares of Siren Nasdaq NexGen Economy ETF by 6.6% in the third 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 during the period.

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.