Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Sees Significant Decrease in Short Interest

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) was the target of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,100 shares, a decrease of 95.8% from the January 15th total of 26,100 shares. Based on an average trading volume of 89,500 shares, the days-to-cover ratio is presently 0.0 days.

Strategy Shares NASDAQ 7 HANDL ETF Trading Down 0.7 %

Shares of NASDAQ:HNDL opened at $21.63 on Thursday. The firm has a market cap of $745.15 million, a price-to-earnings ratio of 19.76 and a beta of 0.57. Strategy Shares NASDAQ 7 HANDL ETF has a 1 year low of $20.01 and a 1 year high of $22.44. The business has a fifty day simple moving average of $21.63 and a 200 day simple moving average of $21.79.

Strategy Shares NASDAQ 7 HANDL ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, January 14th were paid a dividend of $0.1232 per share. The ex-dividend date was Tuesday, January 14th.

Institutional Investors Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Several institutional investors have recently made changes to their positions in HNDL. Virtu Financial LLC bought a new position in Strategy Shares NASDAQ 7 HANDL ETF during the fourth quarter valued at approximately $411,000. IMG Wealth Management Inc. bought a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 4th quarter valued at $104,000. Avantax Advisory Services Inc. raised its holdings in shares of Strategy Shares NASDAQ 7 HANDL ETF by 9.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 42,277 shares of the company’s stock valued at $902,000 after purchasing an additional 3,670 shares in the last quarter. J.W. Cole Advisors Inc. lifted its stake in shares of Strategy Shares NASDAQ 7 HANDL ETF by 23.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 27,060 shares of the company’s stock valued at $577,000 after purchasing an additional 5,130 shares during the last quarter. Finally, Strategic Financial Concepts LLC bought a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the fourth quarter worth $378,000.

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.