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

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 63,271 shares, a growth of 253.2% from the July 30th total of 17,913 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 74,239 shares, the short-interest ratio is currently 0.9 days.

Strategy Shares Nasdaq 7HANDL Index ETF Trading Up 0.1%

Shares of HNDL stock opened at $22.68 on Thursday. The stock has a market capitalization of $636.40 million, a price-to-earnings ratio of 24.18 and a beta of 0.73. The stock’s 50-day moving average price is $22.69 and its 200-day moving average price is $22.56. Strategy Shares Nasdaq 7HANDL Index ETF has a 12-month low of $21.50 and a 12-month high of $23.00.

Strategy Shares Nasdaq 7HANDL Index ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 14th. Investors of record on Thursday, August 13th were issued a $0.1324 dividend. The ex-dividend date of this dividend was Thursday, August 13th. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%.

Hedge Funds Weigh In On Strategy Shares Nasdaq 7HANDL Index ETF

Large investors have recently modified their holdings of the stock. Garton & Associates Financial Advisors LLC bought a new position in Strategy Shares Nasdaq 7HANDL Index ETF during the fourth quarter valued at $25,000. Geneos Wealth Management Inc. raised its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 1,200.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,300 shares of the company’s stock valued at $28,000 after acquiring an additional 1,200 shares in the last quarter. Bank of America Corp DE bought a new stake in Strategy Shares Nasdaq 7HANDL Index ETF during the 2nd quarter valued at $32,000. PNC Financial Services Group Inc. bought a new stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF in the fourth quarter valued at about $35,000. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF in the 2nd quarter worth approximately $47,000.

Strategy Shares Nasdaq 7HANDL Index 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.