Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Stock Short Interest Report for October

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 455 shares, a growth of 82.0% from the September 30th total of 250 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 2,841 shares, the days-to-cover ratio is presently 0.2 days.

Cabana Target Drawdown 7 ETF Stock Down 0.7%

TDSB stock traded down $0.17 during midday trading on Friday, reaching $24.75. The stock had a trading volume of 427 shares, compared to its average volume of 6,339. The firm has a market cap of $48.26 million, a price-to-earnings ratio of 20.85 and a beta of 0.33. Cabana Target Drawdown 7 ETF has a twelve month low of $23.67 and a twelve month high of $25.30. The business has a fifty day simple moving average of $24.79 and a two-hundred day simple moving average of $24.71.

Cabana Target Drawdown 7 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a $0.0435 dividend. This is a decrease from Cabana Target Drawdown 7 ETF’s previous quarterly dividend of $0.1260. This represents a $0.17 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, September 28th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cabana Target Drawdown 7 ETF stock. Continuum Advisory LLC acquired a new stake in Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,990 shares of the company’s stock, valued at approximately $147,000. Continuum Advisory LLC owned about 0.30% of Cabana Target Drawdown 7 ETF at the end of the most recent quarter.

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.