Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Short Interest Down 72.0% in June

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totalling 2,100 shares, a drop 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 Down 2.4 %

NASDAQ:BLCN traded down $0.66 during trading hours on Thursday, reaching $26.47. 5,741 shares of the company’s stock were exchanged, compared to its average volume of 20,573. The company has a market capitalization of $75.44 million, a P/E ratio of 20.80 and a beta of 1.24. Siren Nasdaq NexGen Economy ETF has a 12 month low of $18.24 and a 12 month high of $28.52. The business’s 50-day simple moving average is $26.10 and its two-hundred day simple moving average is $25.39.

Siren Nasdaq NexGen Economy ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 24th. Investors of record on Friday, June 21st were issued a dividend of $0.1259 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.90%. This is a boost from Siren Nasdaq NexGen Economy ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Friday, June 21st.

Institutional Trading of Siren Nasdaq NexGen Economy ETF

Large investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted its stake in 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 during the period. Vima LLC acquired a new position in Siren Nasdaq NexGen Economy ETF in the 4th quarter worth approximately $48,000. Finally, Glass Jacobson Investment Advisors llc boosted its stake in 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 during the period.

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.