Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Short Interest Up 626.4% in December

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 385 shares, a growth of 626.4% from the November 30th total of 53 shares. Based on an average daily trading volume, of 8,584 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 8,584 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Cabana Target Drawdown 7 ETF

A hedge fund recently raised its stake in Cabana Target Drawdown 7 ETF stock. AdvisorNet Financial Inc boosted its stake in shares of Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) by 583.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,892 shares of the company’s stock after acquiring an additional 1,615 shares during the quarter. AdvisorNet Financial Inc owned 0.06% of Cabana Target Drawdown 7 ETF worth $42,000 at the end of the most recent reporting period.

Cabana Target Drawdown 7 ETF Stock Up 0.2%

Shares of NASDAQ:TDSB traded up $0.05 during midday trading on Wednesday, reaching $24.24. The company’s stock had a trading volume of 6,980 shares, compared to its average volume of 11,482. The stock has a fifty day moving average of $23.97 and a 200 day moving average of $23.17. Cabana Target Drawdown 7 ETF has a twelve month low of $20.83 and a twelve month high of $24.25. The firm has a market capitalization of $62.54 million, a PE ratio of 20.85 and a beta of 0.34.

Cabana Target Drawdown 7 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 29th were paid a dividend of $0.1312 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Monday, September 29th. This is an increase from Cabana Target Drawdown 7 ETF’s previous quarterly dividend of $0.10.

Cabana Target Drawdown 7 ETF Company Profile

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.