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

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDLGet Free Report) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 107,229 shares, a growth of 69.5% from the August 15th total of 63,271 shares. Based on an average trading volume of 102,797 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the company’s stock are sold short.

Strategy Shares Nasdaq 7HANDL Index ETF Price Performance

Shares of HNDL traded down $0.05 during midday trading on Friday, reaching $21.96. The stock had a trading volume of 78,205 shares, compared to its average volume of 73,674. The company has a market cap of $629.70 million, a price-to-earnings ratio of 24.18 and a beta of 0.73. The company’s fifty day simple moving average is $22.54 and its two-hundred day simple moving average is $22.53. Strategy Shares Nasdaq 7HANDL Index ETF has a 1-year low of $21.53 and a 1-year high of $23.00.

Strategy Shares Nasdaq 7HANDL Index ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, September 14th were paid a $0.1292 dividend. The ex-dividend date was Monday, September 14th. This represents a c) dividend on an annualized basis and a yield of 7.1%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. RFG Advisory LLC increased its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 10.6% in the 2nd quarter. RFG Advisory LLC now owns 47,859 shares of the company’s stock valued at $1,093,000 after acquiring an additional 4,594 shares during the last quarter. Citadel Advisors LLC acquired a new position in Strategy Shares Nasdaq 7HANDL Index ETF in the second quarter valued at approximately $202,000. Ameritas Advisory Services LLC acquired a new position in Strategy Shares Nasdaq 7HANDL Index ETF in the second quarter valued at approximately $47,000. Asset Allocation Strategies LLC increased its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 4.1% in the second quarter. Asset Allocation Strategies LLC now owns 16,960 shares of the company’s stock valued at $387,000 after purchasing an additional 662 shares during the last quarter. Finally, OxenFree Capital LLC increased its stake 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 purchasing an additional 3,744 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.

Further Reading

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