Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN – Get Rating) was the recipient of a large increase in short interest during the month of December. As of December 30th, there was short interest totalling 53,100 shares, an increase of 27.6% from the December 15th total of 41,600 shares. Based on an average trading volume of 23,900 shares, the short-interest ratio is presently 2.2 days.
Institutional Trading of Siren Nasdaq NexGen Economy ETF
Several institutional investors and hedge funds have recently added to or reduced their stakes in BLCN. Raymond James & Associates raised its stake in shares of Siren Nasdaq NexGen Economy ETF by 66.4% during the 1st quarter. Raymond James & Associates now owns 26,810 shares of the company’s stock worth $994,000 after buying an additional 10,702 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of…
