Siren DIVCON Leaders Dividend ETF (BATS:LEAD) Sees Large Increase in Short Interest

Siren DIVCON Leaders Dividend ETF (BATS:LEAD) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 351 shares, a growth of 538.2% from the May 14th total of 55 shares. Based on an average daily volume of 785 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Siren DIVCON Leaders Dividend ETF Stock Performance

Siren DIVCON Leaders Dividend ETF stock opened at $85.22 on Thursday. Siren DIVCON Leaders Dividend ETF has a fifty-two week low of $68.89 and a fifty-two week high of $88.11. The firm’s 50-day simple moving average is $83.89 and its 200 day simple moving average is $80.49. The stock has a market cap of $72.44 million, a PE ratio of 26.63 and a beta of 1.00.

Hedge Funds Weigh In On Siren DIVCON Leaders Dividend ETF

A number of hedge funds and other institutional investors have recently modified their holdings of LEAD. Ethos Capital Management Inc. bought a new position in shares of Siren DIVCON Leaders Dividend ETF in the fourth quarter valued at approximately $1,434,000. Signature Estate & Investment Advisors LLC purchased a new stake in shares of Siren DIVCON Leaders Dividend ETF during the fourth quarter valued at approximately $2,966,000. Susquehanna International Group LLP lifted its holdings in Siren DIVCON Leaders Dividend ETF by 3.9% during the third quarter. Susquehanna International Group LLP now owns 21,645 shares of the company’s stock worth $1,648,000 after acquiring an additional 817 shares during the period. Tower Research Capital LLC TRC lifted its holdings in Siren DIVCON Leaders Dividend ETF by 37.2% during the second quarter. Tower Research Capital LLC TRC now owns 20,370 shares of the company’s stock worth $1,464,000 after acquiring an additional 5,523 shares during the period. Finally, Osaic Holdings Inc. boosted its position in Siren DIVCON Leaders Dividend ETF by 2.8% in the second quarter. Osaic Holdings Inc. now owns 7,607 shares of the company’s stock worth $547,000 after purchasing an additional 206 shares during 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.