Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Short Interest Update

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 25,000 shares, an increase of 316.7% from the February 28th total of 6,000 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 91,000 shares, the short-interest ratio is presently 0.3 days.

Strategy Shares NASDAQ 7 HANDL ETF Trading Down 0.4 %

Shares of Strategy Shares NASDAQ 7 HANDL ETF stock traded down $0.09 during trading hours on Friday, reaching $20.99. The stock had a trading volume of 114,060 shares, compared to its average volume of 87,675. The firm has a market capitalization of $723.11 million, a price-to-earnings ratio of 24.17 and a beta of 0.57. Strategy Shares NASDAQ 7 HANDL ETF has a 1 year low of $20.01 and a 1 year high of $22.44. The firm has a 50 day simple moving average of $21.48 and a two-hundred day simple moving average of $21.74.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, March 13th were given a dividend of $0.1223 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $1.47 dividend on an annualized basis and a yield of 6.99%.

Institutional Investors Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Institutional investors have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB acquired a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 3rd quarter valued at $36,000. Wells Fargo & Company MN raised its position in Strategy Shares NASDAQ 7 HANDL ETF by 185,000.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,851 shares of the company’s stock valued at $39,000 after purchasing an additional 1,850 shares during the period. Coppell Advisory Solutions LLC lifted its stake in shares of Strategy Shares NASDAQ 7 HANDL ETF by 2,685.9% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,978 shares of the company’s stock worth $42,000 after purchasing an additional 1,907 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 350.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,160 shares of the company’s stock worth $46,000 after buying an additional 1,681 shares during the period. Finally, IMG Wealth Management Inc. acquired a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the fourth quarter valued at about $104,000.

About Strategy Shares NASDAQ 7 HANDL ETF

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.