Short Interest in Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Expands By 78.3%

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 12,300 shares, an increase of 78.3% from the December 15th total of 6,900 shares. Based on an average daily trading volume, of 85,400 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Hedge funds have recently bought and sold shares of the business. Kades & Cheifetz LLC increased its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 4.9% during the 3rd quarter. Kades & Cheifetz LLC now owns 459,012 shares of the company’s stock valued at $10,213,000 after purchasing an additional 21,239 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 2,125.0% during the 3rd quarter. International Assets Investment Management LLC now owns 164,450 shares of the company’s stock valued at $3,659,000 after purchasing an additional 157,059 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 22.1% during the 3rd quarter. Private Advisor Group LLC now owns 139,241 shares of the company’s stock valued at $3,098,000 after purchasing an additional 25,224 shares during the last quarter. Retireful LLC purchased a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 3rd quarter valued at about $1,892,000. Finally, MML Investors Services LLC increased its position in shares of Strategy Shares NASDAQ 7 HANDL ETF by 7.4% during the 3rd quarter. MML Investors Services LLC now owns 66,851 shares of the company’s stock valued at $1,487,000 after purchasing an additional 4,582 shares during the last quarter.

Strategy Shares NASDAQ 7 HANDL ETF Stock Performance

Shares of NASDAQ:HNDL opened at $21.54 on Friday. Strategy Shares NASDAQ 7 HANDL ETF has a fifty-two week low of $20.01 and a fifty-two week high of $22.44. The business has a 50-day simple moving average of $21.78 and a two-hundred day simple moving average of $21.74. The firm has a market cap of $748.52 million, a price-to-earnings ratio of 19.76 and a beta of 0.57.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, January 14th were given a $0.1232 dividend. The ex-dividend date was Tuesday, January 14th.

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.