Short Interest in Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Rises By 38.8%

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 6,800 shares, an increase of 38.8% from the February 13th total of 4,900 shares. Based on an average daily volume of 19,600 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Citadel Advisors LLC acquired a new stake in Cabana Target Leading Sector Moderate ETF in the 4th quarter valued at approximately $433,000. Susquehanna International Group LLP lifted its stake in Cabana Target Leading Sector Moderate ETF by 13.9% during the fourth quarter. Susquehanna International Group LLP now owns 104,599 shares of the company’s stock valued at $2,126,000 after purchasing an additional 12,763 shares during the last quarter. GeoWealth Management LLC grew its holdings in shares of Cabana Target Leading Sector Moderate ETF by 2.9% in the 4th quarter. GeoWealth Management LLC now owns 2,123,232 shares of the company’s stock worth $43,165,000 after acquiring an additional 60,611 shares during the last quarter. Avaii Wealth Management LLC acquired a new stake in Cabana Target Leading Sector Moderate ETF during the 4th quarter worth about $338,000. Finally, JPMorgan Chase & Co. purchased a new position in Cabana Target Leading Sector Moderate ETF during the 3rd quarter worth approximately $92,000.

Cabana Target Leading Sector Moderate ETF Price Performance

Shares of CLSM stock opened at $20.89 on Tuesday. The firm has a market cap of $137.46 million, a P/E ratio of 20.13 and a beta of 0.50. The firm has a fifty day moving average of $20.69 and a two-hundred day moving average of $21.09. Cabana Target Leading Sector Moderate ETF has a 1-year low of $19.57 and a 1-year high of $22.00.

Cabana Target Leading Sector Moderate ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 30th were given 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.