Short Interest in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Drops By 64.4%

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 11,200 shares, a drop of 64.4% from the September 30th total of 31,500 shares. Based on an average daily trading volume, of 82,500 shares, the short-interest ratio is presently 0.1 days.

Strategy Shares NASDAQ 7 HANDL ETF Stock Down 0.5 %

Shares of Strategy Shares NASDAQ 7 HANDL ETF stock traded down $0.11 during trading on Friday, reaching $21.76. The company’s stock had a trading volume of 61,746 shares, compared to its average volume of 96,306. The business’s 50-day moving average price is $22.01 and its 200-day moving average price is $21.30. Strategy Shares NASDAQ 7 HANDL ETF has a 52 week low of $18.30 and a 52 week high of $22.34. The firm has a market cap of $788.80 million, a PE ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 15th. Investors of record on Friday, October 11th were given a dividend of $0.1288 per share. The ex-dividend date was Friday, October 11th. This represents a $1.55 dividend on an annualized basis and a yield of 7.10%. This is an increase from Strategy Shares NASDAQ 7 HANDL ETF’s previous monthly dividend of $0.13.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Wealthcare Advisory Partners LLC raised its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 6.0% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 14,042 shares of the company’s stock valued at $298,000 after buying an additional 798 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 14.3% during the 1st quarter. Private Advisor Group LLC now owns 96,182 shares of the company’s stock worth $2,040,000 after buying an additional 12,007 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 27.4% during the 1st quarter. Larson Financial Group LLC now owns 31,925 shares of the company’s stock worth $677,000 after buying an additional 6,860 shares in the last quarter. Advisory Alpha LLC boosted its stake in Strategy Shares NASDAQ 7 HANDL ETF by 6.0% in the first quarter. Advisory Alpha LLC now owns 13,872 shares of the company’s stock valued at $294,000 after buying an additional 788 shares in the last quarter. Finally, Kades & Cheifetz LLC grew its position in Strategy Shares NASDAQ 7 HANDL ETF by 94.2% in the first quarter. Kades & Cheifetz LLC now owns 431,236 shares of the company’s stock valued at $9,147,000 after acquiring an additional 209,183 shares during the last quarter.

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.