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 the month of May. As of May 15th, there was short interest totaling 47,572 shares, a growth of 201.5% from the April 30th total of 15,778 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 68,510 shares, the short-interest ratio is presently 0.7 days.

Strategy Shares Nasdaq 7HANDL Index ETF Trading Down 0.1%

Shares of Strategy Shares Nasdaq 7HANDL Index ETF stock traded down $0.03 on Friday, reaching $22.89. 64,029 shares of the company were exchanged, compared to its average volume of 71,921. The stock has a fifty day moving average price of $22.42 and a 200-day moving average price of $22.31. The firm has a market capitalization of $648.47 million, a price-to-earnings ratio of 24.18 and a beta of 0.74. Strategy Shares Nasdaq 7HANDL Index ETF has a fifty-two week low of $20.86 and a fifty-two week high of $23.00.

Strategy Shares Nasdaq 7HANDL Index ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, May 14th. Stockholders of record on Wednesday, May 13th were given a dividend of $0.1336 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. This is a boost from Strategy Shares Nasdaq 7HANDL Index ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Wednesday, May 13th.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. grew its position in Strategy Shares Nasdaq 7HANDL Index ETF by 0.9% during the 4th quarter. Osaic Holdings Inc. now owns 206,404 shares of the company’s stock worth $4,545,000 after purchasing an additional 1,841 shares in the last quarter. Summit Financial LLC grew its position in Strategy Shares Nasdaq 7HANDL Index ETF by 9.4% during the 4th quarter. Summit Financial LLC now owns 173,508 shares of the company’s stock worth $3,821,000 after purchasing an additional 14,979 shares in the last quarter. Kestra Advisory Services LLC grew its position in Strategy Shares Nasdaq 7HANDL Index ETF by 1,053.3% during the 1st quarter. Kestra Advisory Services LLC now owns 136,899 shares of the company’s stock worth $2,990,000 after purchasing an additional 125,029 shares in the last quarter. NFSG Corp grew its position in Strategy Shares Nasdaq 7HANDL Index ETF by 1.6% during the 1st quarter. NFSG Corp now owns 105,459 shares of the company’s stock worth $2,303,000 after purchasing an additional 1,709 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. grew its position in Strategy Shares Nasdaq 7HANDL Index ETF by 4.9% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 103,750 shares of the company’s stock worth $2,285,000 after purchasing an additional 4,866 shares in the last quarter.

About Strategy Shares Nasdaq 7HANDL Index 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.