Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Short Interest Up 445.5% in February

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) was the target of a significant growth in short interest in 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 trading volume, of 91,100 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Institutional investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF during the third quarter worth about $36,000. Wells Fargo & Company MN increased its stake in 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 purchasing 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% in the fourth quarter. Coppell Advisory Solutions LLC now owns 1,978 shares of the company’s stock valued at $42,000 after purchasing an additional 1,907 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in Strategy Shares NASDAQ 7 HANDL ETF by 350.9% during the 4th 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 period. Finally, IMG Wealth Management Inc. purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter valued at approximately $104,000.

Strategy Shares NASDAQ 7 HANDL ETF Price Performance

HNDL traded up $0.29 on Friday, reaching $21.73. 64,798 shares of the company’s stock were exchanged, compared to its average volume of 88,379. Strategy Shares NASDAQ 7 HANDL ETF has a twelve month low of $20.01 and a twelve month high of $22.44. The stock has a market cap of $748.60 million, a PE ratio of 25.09 and a beta of 0.57. The stock’s fifty day moving average price is $21.56 and its 200-day moving average price is $21.82.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, February 13th were given a $0.1272 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 7.02%.

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.