Short Interest in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Increases By 445.5%

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF during the third quarter worth $36,000. Wells Fargo & Company MN lifted its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 185,000.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,851 shares of the company’s stock worth $39,000 after purchasing an additional 1,850 shares during the last quarter. Coppell Advisory Solutions LLC grew its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 2,685.9% in 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 increased its stake in Strategy Shares NASDAQ 7 HANDL ETF by 350.9% in 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 period. Finally, IMG Wealth Management Inc. acquired a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter worth $104,000.

Strategy Shares NASDAQ 7 HANDL ETF Trading Down 0.9 %

Strategy Shares NASDAQ 7 HANDL ETF stock traded down $0.20 during midday trading on Thursday, hitting $21.44. The stock had a trading volume of 89,603 shares, compared to its average volume of 88,987. The company has a market capitalization of $727.89 million, a PE ratio of 25.09 and a beta of 0.67. The firm’s fifty day moving average is $21.56 and its two-hundred day moving average is $21.82. Strategy Shares NASDAQ 7 HANDL ETF has a 52-week low of $20.01 and a 52-week high of $22.44.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

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

About Strategy Shares NASDAQ 7 HANDL 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.