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 drop in short interest during the month of May. As of May 29th, there was short interest totaling 227 shares, a drop of 88.5% from the May 14th total of 1,966 shares. Based on an average daily volume of 9,988 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Assetmark Inc. purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the fourth quarter worth about $133,000. Citadel Advisors LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the third quarter worth about $530,000. Aegis Wealth Management Inc. purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the fourth quarter worth about $727,000. Signal Advisors Wealth LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the first quarter worth about $1,752,000. Finally, Corient Private Wealth LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the second quarter worth about $4,104,000.

Cabana Target Leading Sector Moderate ETF Stock Down 0.8%

Shares of NASDAQ:CLSM traded down $0.22 during trading on Tuesday, hitting $26.86. The stock had a trading volume of 2,640 shares, compared to its average volume of 15,926. Cabana Target Leading Sector Moderate ETF has a 12-month low of $20.93 and a 12-month high of $28.10. The stock has a market capitalization of $98.31 million, a price-to-earnings ratio of 20.00 and a beta of 0.57. The stock has a 50-day simple moving average of $25.76 and a two-hundred day simple moving average of $24.37.

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. CLSM was launched on Jul 12, 2021 and is managed by Exchange Traded Concepts.