Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sees Large Drop in Short Interest

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDLGet Free Report) was the recipient of a significant drop in short interest in May. As of May 31st, there was short interest totalling 10,500 shares, a drop of 8.7% from the May 15th total of 11,500 shares. Based on an average daily volume of 92,900 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HNDL. Advisory Services Network LLC bought a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 4th quarter worth $191,000. Strategic Financial Concepts LLC bought a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 1st quarter valued at about $201,000. Truist Financial Corp bought a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter valued at about $207,000. Koshinski Asset Management Inc. purchased a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter worth approximately $262,000. Finally, Wealthcare Advisory Partners LLC bought a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the fourth quarter valued at approximately $274,000.

Strategy Shares NASDAQ 7 HANDL ETF Trading Up 0.3 %

Shares of NASDAQ:HNDL traded up $0.06 during midday trading on Wednesday, reaching $21.16. 109,731 shares of the company were exchanged, compared to its average volume of 104,095. The stock has a market cap of $845.77 million, a PE ratio of 19.76 and a beta of 0.57. The business’s fifty day moving average is $20.63 and its two-hundred day moving average is $20.69. Strategy Shares NASDAQ 7 HANDL ETF has a one year low of $18.30 and a one year high of $21.32.

Strategy Shares NASDAQ 7 HANDL ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, June 14th. Stockholders of record on Thursday, June 13th were issued a $0.1224 dividend. This represents a $1.47 dividend on an annualized basis and a dividend yield of 6.94%. The ex-dividend date of this dividend was Thursday, June 13th.

About Strategy Shares NASDAQ 7 HANDL ETF

(Get Free Report)

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.

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