Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Shares Shorted: Short Interest Up 83.3% in September

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,666 shares, a growth of 83.3% from the August 31st total of 909 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 5,189 shares, the days-to-cover ratio is presently 0.3 days.

Cabana Target Drawdown 10 ETF Stock Down 0.2%

TDSC stock traded down $0.06 during trading hours on Tuesday, hitting $28.06. The company’s stock had a trading volume of 11,004 shares, compared to its average volume of 11,321. The stock has a 50 day moving average price of $28.33 and a two-hundred day moving average price of $27.56. Cabana Target Drawdown 10 ETF has a 12 month low of $24.50 and a 12 month high of $28.89. The company has a market capitalization of $103.55 million, a PE ratio of 27.24 and a beta of 0.46.

Cabana Target Drawdown 10 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 28th will be issued a $0.1065 dividend. This is a boost from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.0797. This represents a $0.43 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, September 28th. Cabana Target Drawdown 10 ETF’s dividend payout ratio is currently 42.72%.

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.