Cabana Target Drawdown 7 ETF (NASDAQ:TDSB – Get Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 455 shares, an increase of 82.0% from the September 30th total of 250 shares. Based on an average daily volume of 2,841 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are sold short.
Cabana Target Drawdown 7 ETF Price Performance
NASDAQ:TDSB opened at $24.73 on Tuesday. The firm has a market capitalization of $48.22 million, a price-to-earnings ratio of 20.85 and a beta of 0.33. Cabana Target Drawdown 7 ETF has a 1 year low of $23.67 and a 1 year high of $25.30. The business has a 50 day simple moving average of $24.78 and a 200-day simple moving average of $24.71.
Cabana Target Drawdown 7 ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a dividend of $0.0435 per share. This represents a $0.17 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, September 28th. This is a drop from Cabana Target Drawdown 7 ETF’s previous quarterly dividend of $0.1260.
Institutional Trading of Cabana Target Drawdown 7 ETF
An institutional investor recently bought a new stake in Cabana Target Drawdown 7 ETF stock. Continuum Advisory LLC acquired a new position in shares of Cabana Target Drawdown 7 ETF (NASDAQ:TDSB – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 5,990 shares of the company’s stock, valued at approximately $147,000. Continuum Advisory LLC owned 0.30% of Cabana Target Drawdown 7 ETF as of its most recent SEC filing.
About Cabana Target Drawdown 7 ETF
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.
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