Short Interest in Siren DIVCON Leaders Dividend ETF (BATS:LEAD) Decreases By 85.2%

Siren DIVCON Leaders Dividend ETF (BATS:LEAD) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 52 shares, a decline of 85.2% from the May 31st total of 351 shares. Based on an average daily volume of 983 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Siren DIVCON Leaders Dividend ETF Trading Down 1.8%

BATS LEAD opened at $87.91 on Friday. The stock has a market cap of $74.72 million, a PE ratio of 26.63 and a beta of 1.00. Siren DIVCON Leaders Dividend ETF has a twelve month low of $71.06 and a twelve month high of $90.41. The stock has a fifty day simple moving average of $86.09 and a 200-day simple moving average of $81.48.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of LEAD. Goldman Sachs Group Inc. acquired a new stake in shares of Siren DIVCON Leaders Dividend ETF during the fourth quarter valued at about $5,850,000. Signature Estate & Investment Advisors LLC purchased a new position in shares of Siren DIVCON Leaders Dividend ETF during the 4th quarter worth approximately $2,966,000. Tower Research Capital LLC TRC increased its holdings in Siren DIVCON Leaders Dividend ETF by 242.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 37,008 shares of the company’s stock valued at $2,821,000 after purchasing an additional 26,190 shares during the last quarter. Ethos Capital Management Inc. purchased a new stake in Siren DIVCON Leaders Dividend ETF in the fourth quarter valued at approximately $1,434,000. Finally, Citadel Advisors LLC purchased a new stake in Siren DIVCON Leaders Dividend ETF in the third quarter valued at approximately $452,000.

About Siren DIVCON Leaders Dividend ETF

The Siren DIVCON Leaders Dividend ETF (LEAD) is an exchange-traded fund that is based on the Siren DIVCON Leaders Dividend index. The fund tracks an index of dividend-paying US large-cap stocks that are deemed likely to increase their dividends in the next twelve months. LEAD was launched on Jan 6, 2016 and is managed by Siren.