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

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw a significant growth in short interest in the month of 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 currently 0.1 days.

Institutional Investors Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Several hedge funds have recently made changes to their positions in the company. GTS Securities LLC lifted its position in Strategy Shares NASDAQ 7 HANDL ETF by 10.9% during the fourth quarter. GTS Securities LLC now owns 37,317 shares of the company’s stock valued at $796,000 after buying an additional 3,659 shares during the period. Mercer Global Advisors Inc. ADV bought a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 4th quarter worth about $9,706,000. Coppell Advisory Solutions LLC lifted its position in Strategy Shares NASDAQ 7 HANDL ETF by 2,685.9% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,978 shares of the company’s stock valued at $42,000 after acquiring an additional 1,907 shares during the period. Tower Research Capital LLC TRC boosted its stake in 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 acquiring an additional 1,681 shares in the last quarter. Finally, MML Investors Services LLC grew its holdings in Strategy Shares NASDAQ 7 HANDL ETF by 1.3% in the fourth quarter. MML Investors Services LLC now owns 67,703 shares of the company’s stock worth $1,444,000 after purchasing an additional 852 shares during the period.

Strategy Shares NASDAQ 7 HANDL ETF Price Performance

HNDL stock opened at $21.44 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 50-day moving average of $21.56 and a 200 day moving average of $21.82. The company has a market cap of $727.89 million, a P/E ratio of 25.09 and a beta of 0.67.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, February 13th were paid a $0.1272 dividend. This represents a $1.53 dividend on an annualized basis and a dividend yield of 7.12%. The ex-dividend date was Thursday, February 13th.

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.