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

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 6,000 shares, an increase of 445.5% from the January 31st total of 1,100 shares. Based on an average trading volume of 91,100 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. GTS Securities LLC grew its holdings in Strategy Shares NASDAQ 7 HANDL ETF by 10.9% during the 4th quarter. GTS Securities LLC now owns 37,317 shares of the company’s stock worth $796,000 after acquiring an additional 3,659 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the fourth quarter valued at $9,706,000. Coppell Advisory Solutions LLC lifted its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 2,685.9% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,978 shares of the company’s stock valued at $42,000 after buying an additional 1,907 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Strategy Shares NASDAQ 7 HANDL ETF by 350.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 2,160 shares of the company’s stock valued at $46,000 after purchasing an additional 1,681 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 1.3% during the fourth quarter. MML Investors Services LLC now owns 67,703 shares of the company’s stock worth $1,444,000 after buying an additional 852 shares during the last quarter.

Strategy Shares NASDAQ 7 HANDL ETF Trading Down 0.9 %

Shares of NASDAQ:HNDL traded down $0.20 on Thursday, hitting $21.44. The company had a trading volume of 89,603 shares, compared to its average volume of 88,987. The company has a market cap of $727.89 million, a PE ratio of 25.09 and a beta of 0.67. Strategy Shares NASDAQ 7 HANDL ETF has a 52-week low of $20.01 and a 52-week high of $22.44. The business has a 50 day moving average of $21.56 and a 200 day moving average of $21.82.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, February 13th were issued a $0.1272 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 7.12%.

Strategy Shares NASDAQ 7 HANDL 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.