Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Update

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 2,900 shares, an increase of 7.4% from the November 30th total of 2,700 shares. Based on an average daily trading volume, of 17,100 shares, the short-interest ratio is currently 0.2 days.

Cabana Target Leading Sector Moderate ETF Trading Down 0.3 %

Shares of CLSM stock traded down $0.07 during trading hours on Thursday, reaching $20.33. The stock had a trading volume of 89,346 shares, compared to its average volume of 50,227. The stock’s fifty day simple moving average is $21.42 and its 200 day simple moving average is $21.17. The firm has a market capitalization of $146.99 million, a PE ratio of 19.49 and a beta of 0.50. Cabana Target Leading Sector Moderate ETF has a 12 month low of $19.57 and a 12 month high of $22.00.

Cabana Target Leading Sector Moderate ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were issued a $0.4331 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. purchased a new position in Cabana Target Leading Sector Moderate ETF during the third quarter worth about $92,000. Triad Wealth Partners LLC bought a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 3rd quarter valued at about $612,000. Finally, Jane Street Group LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF during the third quarter worth about $667,000.

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.