Siren DIVCON Leaders Dividend ETF (BATS:LEAD) Short Interest Up 538.2% in May

Siren DIVCON Leaders Dividend ETF (BATS:LEAD) was the target of a large increase in short interest in 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. Based on an average daily trading volume, of 785 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Siren DIVCON Leaders Dividend ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Private Advisor Group LLC increased its holdings in Siren DIVCON Leaders Dividend ETF by 0.5% during the 1st quarter. Private Advisor Group LLC now owns 42,751 shares of the company’s stock valued at $3,279,000 after purchasing an additional 209 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Siren DIVCON Leaders Dividend ETF by 242.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 37,008 shares of the company’s stock valued at $2,821,000 after purchasing an additional 26,190 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Siren DIVCON Leaders Dividend ETF during the 4th quarter valued at $78,000. Goldman Sachs Group Inc. acquired a new stake in Siren DIVCON Leaders Dividend ETF during the 4th quarter valued at $5,850,000. Finally, Signature Estate & Investment Advisors LLC acquired a new stake in Siren DIVCON Leaders Dividend ETF during the 4th quarter valued at $2,966,000.

Siren DIVCON Leaders Dividend ETF Price Performance

Shares of LEAD remained flat at $87.71 during mid-day trading on Friday. The stock had a trading volume of 1,168 shares, compared to its average volume of 1,780. Siren DIVCON Leaders Dividend ETF has a fifty-two week low of $68.89 and a fifty-two week high of $88.11. The stock’s fifty day moving average price is $84.11 and its 200-day moving average price is $80.58. The stock has a market cap of $74.55 million, a P/E ratio of 26.63 and a beta of 1.00.

About Siren DIVCON Leaders Dividend ETF

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.