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

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totalling 2,100 shares, a decrease of 72.0% from the May 31st total of 7,500 shares. Based on an average daily trading volume, of 14,700 shares, the short-interest ratio is presently 0.1 days.

Siren Nasdaq NexGen Economy ETF Stock Performance

Shares of Siren Nasdaq NexGen Economy ETF stock traded down $0.61 on Friday, reaching $26.11. 5,881 shares of the company’s stock were exchanged, compared to its average volume of 20,456. Siren Nasdaq NexGen Economy ETF has a 52 week low of $18.24 and a 52 week high of $28.52. The firm’s 50-day moving average is $26.15 and its two-hundred day moving average is $25.40. The company has a market capitalization of $74.41 million, a P/E ratio of 20.80 and a beta of 1.24.

Siren Nasdaq NexGen Economy ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 24th. Investors of record on Friday, June 21st were issued a $0.1259 dividend. This is a boost from Siren Nasdaq NexGen Economy ETF’s previous quarterly dividend of $0.03. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend was Friday, June 21st.

Hedge Funds Weigh In On Siren Nasdaq NexGen Economy ETF

A number of large investors have recently modified their holdings of BLCN. Vima LLC bought a new position in shares of Siren Nasdaq NexGen Economy ETF in the 4th quarter worth $48,000. International Assets Investment Management LLC lifted its holdings in shares of Siren Nasdaq NexGen Economy ETF by 2,339.8% in the 4th quarter. International Assets Investment Management LLC now owns 7,173 shares of the company’s stock worth $175,000 after purchasing an additional 6,879 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc lifted its holdings in shares of Siren Nasdaq NexGen Economy ETF by 19.9% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 8,816 shares of the company’s stock worth $215,000 after purchasing an additional 1,462 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.