Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Short Interest Up 351.2% in November

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 18,500 shares, an increase of 351.2% from the October 31st total of 4,100 shares. Based on an average daily trading volume, of 17,500 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of Siren Nasdaq NexGen Economy ETF

Several institutional investors have recently modified their holdings of BLCN. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Siren Nasdaq NexGen Economy ETF during the 2nd quarter worth approximately $30,000. International Assets Investment Management LLC grew its holdings in shares of Siren Nasdaq NexGen Economy ETF by 2,399.2% during 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 in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Siren Nasdaq NexGen Economy ETF during the 3rd quarter worth approximately $225,000. Jane Street Group LLC grew its holdings 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 in the last quarter. Finally, Glass Jacobson Investment Advisors llc grew its holdings in shares of 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 purchasing an additional 668 shares in the last quarter.

Siren Nasdaq NexGen Economy ETF Stock Up 2.3 %

NASDAQ BLCN traded up $0.66 during trading on Friday, hitting $29.47. The company’s stock had a trading volume of 6,484 shares, compared to its average volume of 20,318. The firm has a 50 day moving average price of $26.37 and a 200 day moving average price of $26.10. The firm has a market cap of $73.68 million, a P/E 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 $30.00.

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.