Short Interest in Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Grows By 34.5%

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 3,900 shares, an increase of 34.5% from the December 31st total of 2,900 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

Several large investors have recently made changes to their positions in CLSM. JPMorgan Chase & Co. bought a new stake in Cabana Target Leading Sector Moderate ETF during the third quarter worth $92,000. Avaii Wealth Management LLC bought a new stake in shares of Cabana Target Leading Sector Moderate ETF in the 4th quarter valued at about $338,000. Triad Wealth Partners LLC acquired a new stake in Cabana Target Leading Sector Moderate ETF in the 3rd quarter valued at about $612,000. Finally, Jane Street Group LLC bought a new position in Cabana Target Leading Sector Moderate ETF during the third quarter worth about $667,000.

Cabana Target Leading Sector Moderate ETF Trading Up 0.7 %

Shares of NASDAQ CLSM traded up $0.15 during mid-day trading on Thursday, hitting $20.98. The company had a trading volume of 4,097 shares, compared to its average volume of 17,152. The firm has a 50-day simple moving average of $21.08 and a two-hundred day simple moving average of $21.12. The company has a market capitalization of $138.67 million, a PE ratio of 19.49 and a beta of 0.50. Cabana Target Leading Sector Moderate ETF has a one year low of $19.57 and a one year high of $22.00.

Cabana Target Leading Sector Moderate ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were paid a dividend of $0.4331 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.