Short Interest in Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Expands By 20,475.0%

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 823 shares, an increase of 20,475.0% from the January 15th total of 4 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 15,624 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 15,624 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

Hedge funds have recently added to or reduced their stakes in the company. Harbour Investments Inc. increased its holdings in shares of Cabana Target Leading Sector Moderate ETF by 66.3% during the second quarter. Harbour Investments Inc. now owns 2,102 shares of the company’s stock valued at $45,000 after acquiring an additional 838 shares in the last quarter. Assetmark Inc. acquired a new position in Cabana Target Leading Sector Moderate ETF during the fourth quarter worth $133,000. Citadel Advisors LLC acquired a new position in shares of Cabana Target Leading Sector Moderate ETF during the third quarter valued at about $530,000. Aegis Wealth Management Inc. bought a new stake in shares of Cabana Target Leading Sector Moderate ETF during the fourth quarter worth about $727,000. Finally, Triad Wealth Partners LLC bought a new position in Cabana Target Leading Sector Moderate ETF in the 3rd quarter valued at about $984,000.

Cabana Target Leading Sector Moderate ETF Stock Down 0.5%

CLSM traded down $0.11 during midday trading on Tuesday, hitting $24.01. The company had a trading volume of 64,075 shares, compared to its average volume of 24,571. The stock’s 50 day moving average price is $23.67 and its 200 day moving average price is $23.09. Cabana Target Leading Sector Moderate ETF has a 52 week low of $18.24 and a 52 week high of $24.50. The company has a market capitalization of $104.68 million, a price-to-earnings ratio of 20.00 and a beta of 0.50.

Cabana Target Leading Sector Moderate ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a dividend of $0.2088 per share. This represents a yield of 89.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

About Cabana Target Leading Sector Moderate ETF

The Cabana Target Leading Sector Moderate ETF (CLSM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund seeks long-term growth by allocating to a mix of broad asset class ETFs in response to economic conditions. The fund uses an algorithm to select investments in sectors that it identifies as attractive pursuant to its moderate risk profile. CLSM was launched on Jul 12, 2021 and is managed by Exchange Traded Concepts.