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

Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ:HNDL) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 4,329 shares, a drop of 77.5% from the June 15th total of 19,210 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 47,808 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Strategy Shares Nasdaq 7HANDL Index ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC boosted its holdings in shares of Strategy Shares Nasdaq 7HANDL Index ETF by 1,053.3% in the 1st quarter. Kestra Advisory Services LLC now owns 136,899 shares of the company’s stock valued at $2,990,000 after buying an additional 125,029 shares during the period. Virtu Financial LLC bought a new position in Strategy Shares Nasdaq 7HANDL Index ETF in the third quarter worth about $633,000. Wellington Shields & Co. LLC bought a new position in Strategy Shares Nasdaq 7HANDL Index ETF in the fourth quarter worth about $337,000. Jackson Hole Capital Partners LLC acquired a new position in Strategy Shares Nasdaq 7HANDL Index ETF in the fourth quarter valued at approximately $330,000. Finally, Summit Financial LLC boosted its stake in 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 valued at $3,821,000 after acquiring an additional 14,979 shares during the period.

Strategy Shares Nasdaq 7HANDL Index ETF Trading Up 0.0%

HNDL stock traded up $0.01 during midday trading on Friday, hitting $22.85. 36,156 shares of the company’s stock were exchanged, compared to its average volume of 68,056. The firm has a 50 day moving average price of $22.78 and a 200-day moving average price of $22.45. The stock has a market capitalization of $641.17 million, a price-to-earnings ratio of 24.18 and a beta of 0.73. Strategy Shares Nasdaq 7HANDL Index ETF has a 12-month low of $21.32 and a 12-month high of $23.00.

Strategy Shares Nasdaq 7HANDL Index ETF Cuts Dividend

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

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.