Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Down 95.8% in December

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 259 shares, a drop of 95.8% from the November 30th total of 6,235 shares. Based on an average daily trading volume, of 28,138 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 28,138 shares, the days-to-cover ratio is presently 0.0 days.

Cabana Target Leading Sector Moderate ETF Stock Performance

CLSM traded up $0.05 on Wednesday, hitting $23.81. 3,406 shares of the company were exchanged, compared to its average volume of 20,924. The firm has a fifty day simple moving average of $23.37 and a two-hundred day simple moving average of $22.56. The stock has a market capitalization of $113.81 million, a PE ratio of 20.00 and a beta of 0.50. Cabana Target Leading Sector Moderate ETF has a 12 month low of $18.24 and a 12 month high of $23.82.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Corient Private Wealth LLC bought a new stake in Cabana Target Leading Sector Moderate ETF during the 2nd quarter valued at $4,104,000. Triad Wealth Partners LLC bought a new stake in Cabana Target Leading Sector Moderate ETF in the 3rd quarter worth $984,000. Citadel Advisors LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the third quarter valued at about $530,000. Avaii Wealth Management LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the second quarter valued at about $365,000. Finally, Harbour Investments Inc. raised its stake in shares of Cabana Target Leading Sector Moderate ETF by 66.3% during the second quarter. Harbour Investments Inc. now owns 2,102 shares of the company’s stock valued at $45,000 after acquiring an additional 838 shares during the last quarter.

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.