Short Interest in Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Decreases By 96.6%

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) was the target of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 450 shares, a decline of 96.6% from the February 26th total of 13,170 shares. Based on an average trading volume of 10,864 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 10,864 shares, the days-to-cover ratio is currently 0.0 days.

Cabana Target Drawdown 7 ETF Price Performance

Shares of TDSB stock remained flat at $24.14 on Tuesday. The company had a trading volume of 2,109 shares, compared to its average volume of 11,057. The stock’s fifty day moving average is $24.72 and its two-hundred day moving average is $24.14. Cabana Target Drawdown 7 ETF has a twelve month low of $20.83 and a twelve month high of $25.30. The company has a market cap of $54.32 million, a P/E ratio of 20.85 and a beta of 0.34.

Cabana Target Drawdown 7 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a $0.1287 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $0.51 annualized dividend and a dividend yield of 2.1%.

Cabana Target Drawdown 7 ETF Company Profile

The Cabana Target Drawdown 7 ETF (TDSB) 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 7% from peak to trough. TDSB was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.