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

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) was the target of a large 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 trading volume, of 74,239 shares, the short-interest ratio is presently 0.9 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of Strategy Shares Nasdaq 7HANDL Index ETF

Several large investors have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new stake in Strategy Shares Nasdaq 7HANDL Index ETF in the second quarter valued at approximately $47,000. Asset Allocation Strategies LLC raised its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 4.1% in the 2nd quarter. Asset Allocation Strategies LLC now owns 16,960 shares of the company’s stock worth $387,000 after purchasing an additional 662 shares during the period. OxenFree Capital LLC raised its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 7.5% during the 2nd quarter. OxenFree Capital LLC now owns 53,708 shares of the company’s stock worth $1,227,000 after buying an additional 3,744 shares during the period. Arkadios Wealth Advisors raised its position in Strategy Shares Nasdaq 7HANDL Index ETF by 14.2% during the first quarter. Arkadios Wealth Advisors now owns 16,217 shares of the company’s stock worth $354,000 after acquiring an additional 2,021 shares during the period. Finally, Independent Financial Group LLC acquired a new position in shares of Strategy Shares Nasdaq 7HANDL Index ETF during the 1st quarter worth about $254,000.

Strategy Shares Nasdaq 7HANDL Index ETF Stock Up 0.1%

Shares of HNDL opened at $22.68 on Thursday. The company has a market cap of $636.40 million, a price-to-earnings ratio of 24.18 and a beta of 0.73. Strategy Shares Nasdaq 7HANDL Index ETF has a twelve month low of $21.50 and a twelve month high of $23.00. The company has a 50 day moving average of $22.69 and a two-hundred day moving average of $22.56.

Strategy Shares Nasdaq 7HANDL Index ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 14th. Shareholders of record on Thursday, August 13th were issued a $0.1324 dividend. This represents a c) annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend was Thursday, August 13th.

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.