Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Short Interest Up 316.7% in March

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 25,000 shares, a growth of 316.7% from the February 28th total of 6,000 shares. Based on an average trading volume of 91,000 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Strategy Shares NASDAQ 7 HANDL ETF Stock Performance

Shares of HNDL stock opened at $20.99 on Friday. Strategy Shares NASDAQ 7 HANDL ETF has a 1 year low of $20.01 and a 1 year high of $22.44. The firm has a market cap of $723.11 million, a price-to-earnings ratio of 24.17 and a beta of 0.57. The stock’s 50-day moving average is $21.47 and its two-hundred day moving average is $21.74.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 14th. Shareholders of record on Thursday, March 13th were paid a $0.1223 dividend. This represents a $1.47 dividend on an annualized basis and a yield of 6.99%. The ex-dividend date of this dividend was Thursday, March 13th.

Institutional Investors Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Several large investors have recently modified their holdings of HNDL. Wilmington Savings Fund Society FSB acquired a new stake in Strategy Shares NASDAQ 7 HANDL ETF during the 3rd quarter worth $36,000. Wells Fargo & Company MN boosted its stake in shares of Strategy Shares NASDAQ 7 HANDL ETF by 185,000.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,851 shares of the company’s stock worth $39,000 after buying an additional 1,850 shares during the period. Coppell Advisory Solutions LLC grew its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 2,685.9% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,978 shares of the company’s stock worth $42,000 after buying an additional 1,907 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of 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 worth $46,000 after buying an additional 1,681 shares during the last quarter. Finally, IMG Wealth Management Inc. acquired a new position in Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter valued at about $104,000.

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.