Short Interest in Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Drops By 99.9%

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 4 shares, a decrease of 99.9% from the December 31st total of 3,216 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 12,278 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 12,278 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Trading of Cabana Target Leading Sector Moderate ETF

Several institutional investors have recently made changes to their positions in the stock. Harbour Investments Inc. increased 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 worth $45,000 after buying an additional 838 shares during the last quarter. Assetmark Inc. purchased a new stake in Cabana Target Leading Sector Moderate ETF during the fourth quarter valued at about $133,000. Citadel Advisors LLC acquired a new stake in Cabana Target Leading Sector Moderate ETF during the third quarter worth about $530,000. Triad Wealth Partners LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the 3rd quarter worth about $984,000. Finally, Corient Private Wealth LLC acquired a new position in shares of Cabana Target Leading Sector Moderate ETF in the 2nd quarter valued at about $4,104,000.

Cabana Target Leading Sector Moderate ETF Price Performance

CLSM opened at $24.33 on Wednesday. Cabana Target Leading Sector Moderate ETF has a 12 month low of $18.24 and a 12 month high of $24.33. The business has a 50-day moving average of $23.52 and a two-hundred day moving average of $22.96. The stock has a market capitalization of $107.78 million, a price-to-earnings ratio of 20.00 and a beta of 0.50.

Cabana Target Leading Sector Moderate ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a dividend of $0.2088 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 89.0%.

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.