Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Shares Shorted: Short Interest Down 62.6% in September

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 873 shares, a decrease of 62.6% from the August 31st total of 2,334 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,401 shares, the short-interest ratio is currently 0.3 days.

Cabana Target Leading Sector Moderate ETF Stock Down 0.3%

Shares of CLSM traded down $0.08 during trading on Tuesday, reaching $27.66. The company’s stock had a trading volume of 3,271 shares, compared to its average volume of 13,087. The company has a market cap of $97.64 million, a price-to-earnings ratio of 20.00 and a beta of 0.57. The company has a fifty day moving average of $27.28 and a two-hundred day moving average of $26.37. Cabana Target Leading Sector Moderate ETF has a twelve month low of $22.42 and a twelve month high of $28.13.

Institutional Trading of Cabana Target Leading Sector Moderate ETF

Several institutional investors have recently added to or reduced their stakes in CLSM. Continuum Advisory LLC acquired a new position in Cabana Target Leading Sector Moderate ETF in the second quarter worth $139,000. Signal Advisors Wealth LLC acquired a new stake in shares of Cabana Target Leading Sector Moderate ETF during the first quarter worth $1,752,000. Finally, Corient Private Wealth LLC lifted its position in shares of Cabana Target Leading Sector Moderate ETF by 152.4% in the 4th quarter. Corient Private Wealth LLC now owns 636,358 shares of the company’s stock worth $14,787,000 after buying an additional 384,226 shares during the last quarter.

Cabana Target Leading Sector Moderate ETF Company Profile

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.