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

Strategy Shares NASDAQ 7 HANDL ETF (NASDAQ:HNDL) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 1,500 shares, a drop of 88.9% from the November 15th total of 13,500 shares. Based on an average daily trading volume, of 78,000 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Strategy Shares NASDAQ 7 HANDL ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new position in Strategy Shares NASDAQ 7 HANDL ETF during the third quarter valued at approximately $36,000. International Assets Investment Management LLC purchased a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF during the 2nd quarter valued at approximately $156,000. Consolidated Portfolio Review Corp acquired a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 3rd quarter valued at $206,000. Arkadios Wealth Advisors acquired a new position in shares of Strategy Shares NASDAQ 7 HANDL ETF in the 2nd quarter valued at $214,000. Finally, Dynamic Advisor Solutions LLC grew its position in Strategy Shares NASDAQ 7 HANDL ETF by 3.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 18,074 shares of the company’s stock valued at $382,000 after buying an additional 612 shares during the period.

Strategy Shares NASDAQ 7 HANDL ETF Price Performance

NASDAQ:HNDL traded down $0.21 during trading hours on Thursday, hitting $22.01. 58,087 shares of the company were exchanged, compared to its average volume of 94,397. Strategy Shares NASDAQ 7 HANDL ETF has a 52-week low of $20.01 and a 52-week high of $22.44. The stock has a market capitalization of $797.20 million, a price-to-earnings ratio of 19.76 and a beta of 0.57. The company’s 50 day moving average price is $22.00 and its 200-day moving average price is $21.66.

Strategy Shares NASDAQ 7 HANDL ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, November 14th. Shareholders of record on Wednesday, November 13th were paid a dividend of $0.1292 per share. The ex-dividend date of this dividend was Wednesday, November 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.