Active Alts Contrarian ETF (SQZZ) rang the NASDAQ Closing Bell to Celebrate Being the First Active ETF of Its Kind
The Active Alts Contrarian ETF (SQZZ), rang the closing bell at the NASDAQ Stock Market. The fund’s principal investment strategy is to seek capital appreciation by purchasing companies that it believes are subject to a short squeeze. In turn, the fund lends the hard-to-borrow securities to generate income. SQZZ is managed by Strategy Shares, who already has a solid history of sub advising and raising funds for Active ETF products. This fund, which began trading on NASDAQ in March of this year, brings hedge fund level expertise to investors in the form of an actively managed, alternative style ETF.