Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Shares Shorted: Short Interest Down 40.8% in September

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 987 shares, a decline of 40.8% from the September 15th total of 1,666 shares. Based on an average daily trading volume, of 7,311 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Cabana Target Drawdown 10 ETF Stock Performance

TDSC opened at $28.54 on Thursday. Cabana Target Drawdown 10 ETF has a one year low of $24.63 and a one year high of $28.89. The stock has a market cap of $103.90 million, a price-to-earnings ratio of 27.71 and a beta of 0.46. The stock’s 50 day moving average price is $28.49 and its 200-day moving average price is $27.75.

Cabana Target Drawdown 10 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a $0.1065 dividend. This represents a $0.43 dividend on an annualized basis and a yield of 1.5%. This is a positive change from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.0797. The ex-dividend date of this dividend was Monday, September 28th. Cabana Target Drawdown 10 ETF’s payout ratio is presently 35.92%.

Cabana Target Drawdown 10 ETF Company Profile

The Cabana Target Drawdown 10 ETF (TDSC) 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 10% from peak to trough. TDSC was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.