Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Update

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 51,089 shares, a growth of 3,317.3% from the June 30th total of 1,495 shares. Based on an average daily volume of 36,715 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.4% of the shares of the company are sold short.

Cabana Target Leading Sector Moderate ETF Stock Down 0.3%

Shares of NASDAQ CLSM traded down $0.09 during midday trading on Friday, reaching $26.36. 386 shares of the company were exchanged, compared to its average volume of 15,808. The stock’s 50-day moving average price is $27.17 and its 200-day moving average price is $25.24. The stock has a market cap of $94.37 million, a P/E ratio of 20.00 and a beta of 0.57. Cabana Target Leading Sector Moderate ETF has a one year low of $21.56 and a one year high of $28.10.

Institutional Trading of Cabana Target Leading Sector Moderate ETF

Several hedge funds and other institutional investors have recently made changes to their positions in CLSM. Corient Private Wealth LLC raised its position in shares of Cabana Target Leading Sector Moderate ETF by 152.4% during the fourth quarter. Corient Private Wealth LLC now owns 636,358 shares of the company’s stock worth $14,787,000 after acquiring an additional 384,226 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Cabana Target Leading Sector Moderate ETF by 117,997.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 273,986 shares of the company’s stock worth $6,367,000 after purchasing an additional 273,754 shares during the period. Signal Advisors Wealth LLC bought a new stake in Cabana Target Leading Sector Moderate ETF in the 1st quarter valued at about $1,752,000. Aegis Wealth Management Inc. bought a new stake in shares of Cabana Target Leading Sector Moderate ETF during the fourth quarter valued at approximately $727,000. Finally, Assetmark Inc. acquired a new position in Cabana Target Leading Sector Moderate ETF during the fourth quarter worth $133,000.

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.