Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) Short Interest Up 231.5% in June

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 19,210 shares, an increase of 231.5% from the May 31st total of 5,794 shares. Based on an average daily trading volume, of 65,418 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Strategy Shares Nasdaq 7HANDL Index ETF Price Performance

Shares of NASDAQ:HNDL opened at $22.86 on Tuesday. The stock has a market capitalization of $647.62 million, a P/E ratio of 24.18 and a beta of 0.73. The business has a 50-day moving average of $22.73 and a two-hundred day moving average of $22.40. Strategy Shares Nasdaq 7HANDL Index ETF has a fifty-two week low of $21.32 and a fifty-two week high of $23.00.

Strategy Shares Nasdaq 7HANDL Index ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 12th. Investors of record on Thursday, June 11th were paid a $0.1323 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Thursday, June 11th.

Institutional Investors Weigh In On Strategy Shares Nasdaq 7HANDL Index ETF

A number of large investors have recently added to or reduced their stakes in HNDL. Osaic Holdings Inc. grew its holdings in Strategy Shares Nasdaq 7HANDL Index ETF by 0.9% during the fourth quarter. Osaic Holdings Inc. now owns 206,404 shares of the company’s stock valued at $4,545,000 after purchasing an additional 1,841 shares during the last quarter. Summit Financial LLC lifted its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 9.4% in the fourth quarter. Summit Financial LLC now owns 173,508 shares of the company’s stock worth $3,821,000 after buying an additional 14,979 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 1,053.3% during the 1st quarter. Kestra Advisory Services LLC now owns 136,899 shares of the company’s stock worth $2,990,000 after buying an additional 125,029 shares during the period. NFSG Corp boosted its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 1.6% during the 1st quarter. NFSG Corp now owns 105,459 shares of the company’s stock worth $2,303,000 after buying an additional 1,709 shares during the period. Finally, Newbridge Financial Services Group Inc. grew its stake in Strategy Shares Nasdaq 7HANDL Index ETF by 4.9% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 103,750 shares of the company’s stock valued at $2,285,000 after buying an additional 4,866 shares during the last quarter.

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.