Short Interest in Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Rises By 307.8%

Cabana Target Drawdown 7 ETF (NASDAQ:TDSBGet Free Report) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 1,570 shares, an increase of 307.8% from the December 15th total of 385 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 14,089 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 14,089 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Cabana Target Drawdown 7 ETF

An institutional investor recently raised its position in Cabana Target Drawdown 7 ETF stock. AdvisorNet Financial Inc lifted its stake in Cabana Target Drawdown 7 ETF (NASDAQ:TDSBFree Report) by 583.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,892 shares of the company’s stock after purchasing an additional 1,615 shares during the quarter. AdvisorNet Financial Inc owned about 0.06% of Cabana Target Drawdown 7 ETF worth $42,000 as of its most recent SEC filing.

Cabana Target Drawdown 7 ETF Trading Up 0.3%

Shares of TDSB stock opened at $24.38 on Thursday. Cabana Target Drawdown 7 ETF has a 12-month low of $20.83 and a 12-month high of $24.39. The business’s fifty day simple moving average is $24.05 and its 200-day simple moving average is $23.37. The company has a market cap of $58.02 million, a PE 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. Shareholders of record on Tuesday, December 30th were paid a $0.1287 dividend. The ex-dividend date was Tuesday, December 30th. This represents a $0.51 dividend on an annualized basis and a yield of 2.1%.

Cabana Target Drawdown 7 ETF Company Profile

(Get Free Report)

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.

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