Short Interest in Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Decreases By 87.7%

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 193 shares, a decrease of 87.7% from the December 31st total of 1,570 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 7,997 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 7,997 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Cabana Target Drawdown 7 ETF Stock Performance

NASDAQ:TDSB traded up $0.16 during trading hours on Wednesday, reaching $24.82. The company’s stock had a trading volume of 4,498 shares, compared to its average volume of 9,194. Cabana Target Drawdown 7 ETF has a 12 month low of $20.83 and a 12 month high of $24.73. The stock has a 50 day moving average price of $24.15 and a two-hundred day moving average price of $23.51. The company has a market capitalization of $59.06 million, a P/E ratio of 20.85 and a beta of 0.34.

Cabana Target Drawdown 7 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.1287 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $0.51 dividend on an annualized basis and a yield of 2.1%.

Cabana Target Drawdown 7 ETF Company Profile

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.