Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Short Interest Down 76.4% in August

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 909 shares, a drop of 76.4% from the August 15th total of 3,859 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,480 shares, the days-to-cover ratio is presently 0.3 days.

Cabana Target Drawdown 10 ETF Trading Up 0.4%

NASDAQ:TDSC opened at $28.41 on Friday. The firm has a market capitalization of $104.26 million, a price-to-earnings ratio of 27.58 and a beta of 0.46. The firm’s fifty day simple moving average is $28.18 and its 200 day simple moving average is $27.44. Cabana Target Drawdown 10 ETF has a twelve month low of $24.50 and a twelve month high of $28.89.

Cabana Target Drawdown 10 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 26th were paid a $0.0797 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.06. The ex-dividend date was Friday, June 26th. Cabana Target Drawdown 10 ETF’s payout ratio is presently 42.72%.

Cabana Target Drawdown 10 ETF Company Profile

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.