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 significant 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 785 shares, the short-interest ratio is presently 0.4 days.

Siren DIVCON Leaders Dividend ETF Stock Up 0.6%

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. acquired a new position in Siren DIVCON Leaders Dividend ETF during the fourth quarter worth $5,850,000. Jacobi Capital Management LLC raised its stake in Siren DIVCON Leaders Dividend ETF by 0.7% during the third quarter. Jacobi Capital Management LLC now owns 59,050 shares of the company’s stock worth $4,495,000 after acquiring an additional 425 shares in the last quarter. Private Advisor Group LLC raised its stake in Siren DIVCON Leaders Dividend ETF by 0.5% during the first quarter. Private Advisor Group LLC now owns 42,751 shares of the company’s stock worth $3,279,000 after acquiring an additional 209 shares in the last quarter. Signature Estate & Investment Advisors LLC acquired a new position in Siren DIVCON Leaders Dividend ETF during the fourth quarter worth $2,966,000. Finally, Tower Research Capital LLC TRC raised its stake in Siren DIVCON Leaders Dividend ETF by 242.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 37,008 shares of the company’s stock worth $2,821,000 after acquiring an additional 26,190 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.