Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sees Significant Increase in Short Interest

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 6,900 shares, a growth of 360.0% from the November 30th total of 1,500 shares. Based on an average trading volume of 81,300 shares, the short-interest ratio is presently 0.1 days.

Strategy Shares NASDAQ 7 HANDL ETF Stock Down 0.7 %

Shares of Strategy Shares NASDAQ 7 HANDL ETF stock traded down $0.16 on Friday, reaching $21.42. The company’s stock had a trading volume of 92,439 shares, compared to its average volume of 94,813. Strategy Shares NASDAQ 7 HANDL ETF has a 52 week low of $20.01 and a 52 week high of $22.44. The firm’s fifty day simple moving average is $21.90 and its two-hundred day simple moving average is $21.72. The company has a market capitalization of $775.83 million, a price-to-earnings ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, December 12th were paid a $0.1293 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This is a positive change from Strategy Shares NASDAQ 7 HANDL ETF’s previous dividend of $0.13.

Institutional Investors Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

A number of hedge funds have recently added to or reduced their stakes in HNDL. Wilmington Savings Fund Society FSB purchased a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 3rd quarter valued at about $36,000. International Assets Investment Management LLC bought a new position in Strategy Shares NASDAQ 7 HANDL ETF in the 2nd quarter worth $156,000. Consolidated Portfolio Review Corp purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF during the third quarter valued at $206,000. Arkadios Wealth Advisors bought a new stake in Strategy Shares NASDAQ 7 HANDL ETF during the second quarter valued at about $214,000. Finally, HighTower Advisors LLC increased its position in Strategy Shares NASDAQ 7 HANDL ETF by 3.4% in the third quarter. HighTower Advisors LLC now owns 21,697 shares of the company’s stock worth $481,000 after buying an additional 722 shares in the last quarter.

Strategy Shares NASDAQ 7 HANDL ETF Company Profile

The Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) is an exchange-traded fund that is based on the NASDAQ 7 HANDL index. The fund is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments HNDL was launched on Jan 17, 2018 and is managed by Strategy Shares.