Short Interest in Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Increases By 427.9%

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 1,077 shares, a growth of 427.9% from the February 12th total of 204 shares. Based on an average trading volume of 26,551 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 26,551 shares, the short-interest ratio is presently 0.0 days.

Cabana Target Drawdown 10 ETF Trading Down 0.3%

NASDAQ TDSC traded down $0.08 on Tuesday, hitting $26.60. 22,451 shares of the company were exchanged, compared to its average volume of 20,742. The company has a market cap of $118.10 million, a PE ratio of 25.83 and a beta of 0.44. The stock has a fifty day moving average of $26.27 and a 200-day moving average of $25.57. Cabana Target Drawdown 10 ETF has a 12 month low of $21.79 and a 12 month high of $27.08.

Cabana Target Drawdown 10 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a dividend of $0.1326 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, December 30th. Cabana Target Drawdown 10 ETF’s dividend payout ratio is 70.87%.

About Cabana Target Drawdown 10 ETF

The Cabana Target Drawdown 10 ETF (TDSC) 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 10% from peak to trough. TDSC was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.