Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Short Interest Update

Cabana Target Drawdown 7 ETF (NASDAQ:TDSBGet Free Report) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,909 shares, a drop of 89.1% from the August 15th total of 17,570 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,674 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Cabana Target Drawdown 7 ETF

An institutional investor recently bought a new position in Cabana Target Drawdown 7 ETF stock. Continuum Advisory LLC acquired a new stake in Cabana Target Drawdown 7 ETF (NASDAQ:TDSBFree Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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.

Cabana Target Drawdown 7 ETF Trading Down 0.7%

NASDAQ:TDSB traded down $0.17 during mid-day trading on Thursday, hitting $24.74. 1,457 shares of the company’s stock were exchanged, compared to its average volume of 6,951. Cabana Target Drawdown 7 ETF has a fifty-two week low of $23.10 and a fifty-two week high of $25.30. The firm has a market capitalization of $49.48 million, a P/E ratio of 20.85 and a beta of 0.34. The company has a 50 day simple moving average of $24.75 and a 200-day simple moving average of $24.74.

Cabana Target Drawdown 7 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were paid a dividend of $0.126 per share. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.50 annualized dividend and a dividend yield of 2.0%.

About Cabana Target Drawdown 7 ETF

(Get Free Report)

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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