Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Short Interest Down 64.4% in October

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) was the recipient of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 11,200 shares, a decline of 64.4% from the September 30th total of 31,500 shares. Based on an average daily volume of 82,500 shares, the days-to-cover ratio is presently 0.1 days.

Strategy Shares NASDAQ 7 HANDL ETF Stock Down 0.5 %

Shares of Strategy Shares NASDAQ 7 HANDL ETF stock traded down $0.11 on Friday, reaching $21.76. 61,746 shares of the stock were exchanged, compared to its average volume of 96,306. The firm has a market capitalization of $788.80 million, a price-to-earnings ratio of 19.76 and a beta of 0.57. The business has a 50 day moving average price of $22.01 and a two-hundred day moving average price of $21.31. Strategy Shares NASDAQ 7 HANDL ETF has a twelve month low of $18.30 and a twelve month high of $22.34.

Strategy Shares NASDAQ 7 HANDL ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, October 11th were paid a dividend of $0.1288 per share. This represents a $1.55 annualized dividend and a dividend yield of 7.10%. This is an increase from Strategy Shares NASDAQ 7 HANDL ETF’s previous monthly dividend of $0.13. The ex-dividend date was Friday, October 11th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Consolidated Portfolio Review Corp purchased a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the 3rd quarter valued at $206,000. International Assets Investment Management LLC lifted its stake in shares of Strategy Shares NASDAQ 7 HANDL ETF by 2,125.0% in 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 lifted its stake in 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 worth $3,098,000 after acquiring an additional 25,224 shares in the last quarter. OxenFree Capital LLC lifted its stake in Strategy Shares NASDAQ 7 HANDL ETF by 8.7% during the 3rd quarter. OxenFree Capital LLC now owns 49,099 shares of the company’s stock worth $1,092,000 after acquiring an additional 3,935 shares in the last quarter. Finally, Kades & Cheifetz LLC raised its position in Strategy Shares NASDAQ 7 HANDL ETF by 4.9% in 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 in the last quarter.

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.