Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) Stock Short Interest Climbs 111.6%

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL – Get Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totaling 138,738 shares, an increase of 111.6% from the September 30th total of 65,575 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average trading volume of 118,329 shares, the short-interest ratio is presently 1.2 days.

Strategy Shares Nasdaq 7HANDL Index ETF Stock Down 0.5%

Shares of NASDAQ HNDL traded down $0.11 during trading hours on Friday, hitting $22.06. 131,262 shares of the stock were exchanged, compared to its average volume of 79,952. Strategy Shares Nasdaq 7HANDL Index ETF has a 12 month low of $21.36 and a 12 month high of $23.00. The firm has a fifty day moving average price of $22.06 and a 200-day moving average price of $22.40. The company has a market cap of $637.31 million, a PE ratio of 24.18 and a beta of 0.74.

Strategy Shares Nasdaq 7HANDL Index ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Tuesday, October 13th were given a dividend of $0.1278 per share. The ex-dividend date of this dividend was Tuesday, October 13th. This represents a $1.53 annualized dividend and a yield of 6.9%. This is a drop from Strategy Shares Nasdaq 7HANDL Index ETF’s previous monthly dividend of $0.1291.

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

Institutional investors have recently modified their holdings of the business. Kestra Advisory Services LLC grew its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 1,053.3% during the first quarter. Kestra Advisory Services LLC now owns 136,899 shares of the company’s stock worth $2,990,000 after buying an additional 125,029 shares in the last quarter. NFSG Corp boosted its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 4.6% in the third quarter. NFSG Corp now owns 111,325 shares of the company’s stock valued at $2,399,000 after purchasing an additional 4,907 shares during the period. OxenFree Capital LLC raised its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 7.5% in the second quarter. OxenFree Capital LLC now owns 53,708 shares of the company’s stock valued at $1,227,000 after acquiring an additional 3,744 shares in the last quarter. RFG Advisory LLC grew its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 10.6% during the second quarter. RFG Advisory LLC now owns 47,859 shares of the company’s stock worth $1,093,000 after purchasing an additional 4,594 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 27.0% in the 1st quarter. Sanctuary Advisors LLC now owns 47,466 shares of the company’s stock valued at $1,037,000 after acquiring an additional 10,096 shares during the last quarter.

About Strategy Shares Nasdaq 7HANDL Index ETF

(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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