Cabana Target Drawdown 13 ETF (NASDAQ:TDSD) Short Interest Up 900.0% in May

Cabana Target Drawdown 13 ETF (NASDAQ:TDSD – Get Rating) saw a significant growth in short interest in May. As of May 15th, there was short interest totalling 1,000 shares, a growth of 900.0% from the April 30th total of 100 shares. Based on an average daily volume of 37,600 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Davis R M Inc. purchased a new stake in shares of Cabana Target Drawdown 13 ETF in the 3rd quarter worth approximately $280,000. Tevis Investment Management boosted its stake in Cabana Target Drawdown 13 ETF by 6.4% during the 3rd quarter. Tevis Investment Management now owns 49,806 shares of the company’s stock valued at $1,089,000 after purchasing an additional 3,009 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in Cabana Target Drawdown 13 ETF during the 2nd quarter valued at $50,000.

Cabana Target Drawdown 13 ETF Stock Performance

Cabana Target Drawdown 13 ETF stock traded up $0.15 during mid-day trading on Friday, reaching $21.56. 19,759 shares of the company’s stock were exchanged, compared to its average volume of 42,917. The business’s fifty day simple moving average is $21.39 and its 200 day simple moving average is $21.57. Cabana Target Drawdown 13 ETF has a one year low of $20.65 and a one year high of $23.33.