Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) Short Interest Up 360.0% in December

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 6,900 shares, a growth of 360.0% from the November 30th total of 1,500 shares. Based on an average daily volume of 81,300 shares, the short-interest ratio is currently 0.1 days.

Strategy Shares NASDAQ 7 HANDL ETF Stock Performance

Shares of HNDL traded down $0.16 during trading hours on Friday, reaching $21.42. 92,539 shares of the company traded hands, compared to its average volume of 94,813. Strategy Shares NASDAQ 7 HANDL ETF has a 1-year low of $20.01 and a 1-year high of $22.44. The stock has a market cap of $775.83 million, a P/E ratio of 19.76 and a beta of 0.57. The stock’s fifty day moving average is $21.90 and its 200 day moving average is $21.72.

Strategy Shares NASDAQ 7 HANDL ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, December 12th were given a $0.1293 dividend. The ex-dividend date was Thursday, December 12th. This is an increase from Strategy Shares NASDAQ 7 HANDL ETF’s previous dividend of $0.13.

Institutional Trading of Strategy Shares NASDAQ 7 HANDL ETF

Institutional investors have recently modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in Strategy Shares NASDAQ 7 HANDL ETF in the third quarter worth $36,000. International Assets Investment Management LLC bought a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 2nd quarter worth about $156,000. Consolidated Portfolio Review Corp acquired a new stake in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 3rd quarter valued at about $206,000. Arkadios Wealth Advisors bought a new stake in Strategy Shares NASDAQ 7 HANDL ETF in the second quarter valued at about $214,000. Finally, HighTower Advisors LLC increased its stake in Strategy Shares NASDAQ 7 HANDL ETF by 3.4% in the third quarter. HighTower Advisors LLC now owns 21,697 shares of the company’s stock valued at $481,000 after acquiring an additional 722 shares during the period.

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.