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. Based on an average daily volume of 74,239 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the shares of the stock are sold short.

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

Several hedge funds have recently bought and sold shares of HNDL. Kestra Advisory Services LLC raised its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 1,053.3% in the first quarter. Kestra Advisory Services LLC now owns 136,899 shares of the company’s stock worth $2,990,000 after acquiring an additional 125,029 shares during the last quarter. Arkadios Wealth Advisors lifted its position in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 14.2% in the first quarter. Arkadios Wealth Advisors now owns 16,217 shares of the company’s stock valued at $354,000 after acquiring an additional 2,021 shares in the last quarter. Independent Financial Group LLC acquired a new stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF during the first quarter valued at $254,000. NFSG Corp boosted its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 1.6% during the first quarter. NFSG Corp now owns 105,459 shares of the company’s stock valued at $2,303,000 after acquiring an additional 1,709 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 27.0% during the first 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.

Strategy Shares Nasdaq 7HANDL Index ETF Price Performance

HNDL stock opened at $22.56 on Friday. The company’s 50 day simple moving average is $22.68 and its 200-day simple moving average 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. The firm has a market capitalization of $633.03 million, a PE ratio of 24.18 and a beta of 0.73.

Strategy Shares Nasdaq 7HANDL Index ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 14th. Investors of record on Thursday, August 13th were paid 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 yield of 7.0%.

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.