Short Interest in Siren DIVCON Leaders Dividend ETF (BATS:LEAD) Increases By 538.2%

Siren DIVCON Leaders Dividend ETF (BATS:LEAD) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 351 shares, an increase of 538.2% from the May 14th total of 55 shares. Based on an average daily volume of 785 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Siren DIVCON Leaders Dividend ETF Stock Up 0.6%

Shares of LEAD opened at $86.72 on Wednesday. Siren DIVCON Leaders Dividend ETF has a 12-month low of $68.89 and a 12-month high of $88.11. The firm has a market capitalization of $73.71 million, a price-to-earnings ratio of 26.63 and a beta of 1.00. The stock’s 50-day moving average price is $83.67 and its 200 day moving average price is $80.41.

Hedge Funds Weigh In On Siren DIVCON Leaders Dividend ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ethos Capital Management Inc. acquired a new stake in Siren DIVCON Leaders Dividend ETF during the fourth quarter worth $1,434,000. Signature Estate & Investment Advisors LLC acquired a new stake in Siren DIVCON Leaders Dividend ETF during the fourth quarter worth $2,966,000. Western Wealth Management LLC boosted its stake in Siren DIVCON Leaders Dividend ETF by 11.6% during the fourth quarter. Western Wealth Management LLC now owns 5,204 shares of the company’s stock worth $397,000 after buying an additional 543 shares in the last quarter. Diversified Enterprises LLC boosted its stake in Siren DIVCON Leaders Dividend ETF by 3.9% during the fourth quarter. Diversified Enterprises LLC now owns 11,262 shares of the company’s stock worth $858,000 after buying an additional 422 shares in the last quarter. Finally, Sage Capital Advisors llc boosted its stake in Siren DIVCON Leaders Dividend ETF by 3.4% during the fourth quarter. Sage Capital Advisors llc now owns 10,127 shares of the company’s stock worth $772,000 after buying an additional 330 shares in the last quarter.

Siren DIVCON Leaders Dividend ETF Company Profile

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.