Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) Short Interest Down 87.8% in May

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDLGet Free Report) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 5,794 shares, a decline of 87.8% from the May 14th total of 47,572 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 72,094 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Strategy Shares Nasdaq 7HANDL Index ETF

Several large investors have recently added to or reduced their stakes in HNDL. JPMorgan Chase & Co. increased its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 7.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 48,439 shares of the company’s stock worth $1,049,000 after acquiring an additional 3,434 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Strategy Shares Nasdaq 7HANDL Index ETF in the 2nd quarter worth about $172,000. Jane Street Group LLC purchased a new stake in Strategy Shares Nasdaq 7HANDL Index ETF in the 2nd quarter worth about $287,000. Bank of America Corp DE purchased a new stake in Strategy Shares Nasdaq 7HANDL Index ETF in the 2nd quarter worth about $32,000. Finally, Geneos Wealth Management Inc. increased its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 1,200.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,300 shares of the company’s stock worth $28,000 after acquiring an additional 1,200 shares during the last quarter.

Strategy Shares Nasdaq 7HANDL Index ETF Price Performance

Shares of NASDAQ HNDL traded up $0.06 during mid-day trading on Tuesday, reaching $22.64. 62,222 shares of the company’s stock were exchanged, compared to its average volume of 71,088. The firm has a market capitalization of $641.39 million, a price-to-earnings ratio of 24.18 and a beta of 0.73. Strategy Shares Nasdaq 7HANDL Index ETF has a 52 week low of $21.06 and a 52 week high of $23.00. The firm has a 50-day moving average price of $22.54 and a two-hundred day moving average price of $22.34.

Strategy Shares Nasdaq 7HANDL Index ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, May 14th. Stockholders of record on Wednesday, May 13th were paid a dividend of $0.1336 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date was Wednesday, May 13th. This is a positive change from Strategy Shares Nasdaq 7HANDL Index ETF’s previous monthly dividend of $0.13.

Strategy Shares Nasdaq 7HANDL Index ETF Company Profile

(Get Free Report)

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.

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