Siren DIVCON Leaders Dividend ETF (BATS:LEAD) Short Interest Up 1,250.0% in June

Siren DIVCON Leaders Dividend ETF (BATS:LEAD) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 702 shares, an increase of 1,250.0% from the June 15th total of 52 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,044 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On Siren DIVCON Leaders Dividend ETF

A number of institutional investors have recently modified their holdings of LEAD. Ethos Capital Management Inc. acquired a new stake in Siren DIVCON Leaders Dividend ETF in the 4th quarter valued at $1,434,000. Signature Estate & Investment Advisors LLC acquired a new position in Siren DIVCON Leaders Dividend ETF during the fourth quarter worth $2,966,000. Western Wealth Management LLC lifted its stake in shares of Siren DIVCON Leaders Dividend ETF by 11.6% in the fourth quarter. Western Wealth Management LLC now owns 5,204 shares of the company’s stock valued at $397,000 after buying an additional 543 shares in the last quarter. Diversified Enterprises LLC lifted its stake in shares of Siren DIVCON Leaders Dividend ETF by 3.9% in the fourth quarter. Diversified Enterprises LLC now owns 11,262 shares of the company’s stock valued at $858,000 after buying an additional 422 shares in the last quarter. Finally, Sage Capital Advisors llc grew its holdings in shares of Siren DIVCON Leaders Dividend ETF by 3.4% during the fourth quarter. Sage Capital Advisors llc now owns 10,127 shares of the company’s stock valued at $772,000 after buying an additional 330 shares during the last quarter.

Siren DIVCON Leaders Dividend ETF Stock Performance

LEAD stock remained flat at $85.88 during trading on Friday. The company had a trading volume of 3,930 shares, compared to its average volume of 1,938. The business’s fifty day simple moving average is $86.88 and its 200 day simple moving average is $82.23. The firm has a market capitalization of $73.00 million, a price-to-earnings ratio of 26.63 and a beta of 1.00. Siren DIVCON Leaders Dividend ETF has a fifty-two week low of $71.39 and a fifty-two week high of $91.65.

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.