Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Down 95.8% in December

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) saw a significant decline in short interest in December. As of December 15th, there was short interest totaling 259 shares, a decline of 95.8% from the November 30th total of 6,235 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 28,138 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 28,138 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Cabana Target Leading Sector Moderate ETF Price Performance

Cabana Target Leading Sector Moderate ETF stock traded up $0.03 during mid-day trading on Friday, hitting $23.85. 2,194 shares of the company were exchanged, compared to its average volume of 20,849. Cabana Target Leading Sector Moderate ETF has a 12-month low of $18.24 and a 12-month high of $23.89. The company has a market capitalization of $114.00 million, a P/E ratio of 20.00 and a beta of 0.50. The business’s 50 day simple moving average is $23.39 and its two-hundred day simple moving average is $22.57.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CLSM. Citadel Advisors LLC acquired a new position in Cabana Target Leading Sector Moderate ETF during the 3rd quarter valued at about $530,000. Triad Wealth Partners LLC acquired a new position in shares of Cabana Target Leading Sector Moderate ETF in the third quarter worth about $984,000. Corient Private Wealth LLC purchased a new stake in shares of Cabana Target Leading Sector Moderate ETF in the second quarter valued at $4,104,000. Harbour Investments Inc. grew its holdings in shares of Cabana Target Leading Sector Moderate ETF by 66.3% during the 2nd 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. Finally, Avaii Wealth Management LLC acquired a new stake in shares of Cabana Target Leading Sector Moderate ETF in the 2nd quarter valued at $365,000.

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.