Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Short Interest Down 96.7% in February

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 204 shares, a decrease of 96.7% from the January 29th total of 6,091 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 31,447 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 31,447 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Cabana Target Drawdown 10 ETF Stock Up 0.4%

TDSC opened at $26.94 on Thursday. The firm has a market cap of $119.61 million, a PE ratio of 26.16 and a beta of 0.44. The business has a fifty day simple moving average of $26.05 and a 200-day simple moving average of $25.43. Cabana Target Drawdown 10 ETF has a fifty-two week low of $21.79 and a fifty-two week high of $26.98.

Cabana Target Drawdown 10 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.1326 per share. This represents a $0.53 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, December 30th. Cabana Target Drawdown 10 ETF’s dividend payout ratio is currently 70.87%.

About Cabana Target Drawdown 10 ETF

The Cabana Target Drawdown 10 ETF (TDSC) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds which aims to provide long-term growth that adjusts an asset allocation to pursue a targeted risk parameter of 10% from peak to trough. TDSC was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.