Short Interest in Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN) Rises By 103.6%

Posted by Renee Jackson on Mar 28th, 2025

Siren Nasdaq NexGen Economy ETF (NASDAQ:BLCN – Get Free Report) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 5,700 shares, a growth of 103.6% from the February 28th total of 2,800 shares. Based on an average daily trading volume, of 11,900 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Smart Portfolios LLC bought a new position in shares of Siren Nasdaq NexGen Economy ETF during the 4th quarter worth approximately $215,000. Flow Traders U.S. LLC purchased a new stake in shares of Siren Nasdaq NexGen Economy ETF during the third quarter valued at approximately $225,000. Jane Street Group LLC lifted its holdings in Siren Nasdaq NexGen Economy ETF by 92.6% during the third quarter. Jane Street Group LLC now owns 14,819 shares of the company’s stock worth $371,000 after acquiring an additional 7,126 shares during the period. Glass Jacobson Investment Advisors llc boosted its position in Siren Nasdaq NexGen Economy ETF by 4.2% in the third 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 during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Siren Nasdaq NexGen Economy ETF in the 4th quarter valued at $938,000.

Siren Nasdaq NexGen Economy ETF Trading Down 1.4 %

Shares of NASDAQ:BLCN opened at $20.21 on Friday. The stock has a market cap of $47.08 million, a PE ratio of 16.65 and a beta of 1.24. The stock’s fifty day simple moving average is $23.73 and its two-hundred day simple moving average is $25.58. Siren Nasdaq NexGen Economy ETF has a 1-year low of $19.00 and a 1-year high of $30.66.

Siren Nasdaq NexGen Economy ETF Company Profile

(Get Free Report)

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.