Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Short Interest Update

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 5,317 shares, a decrease of 75.1% from the November 30th total of 21,393 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 23,839 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 23,839 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Cabana Target Drawdown 10 ETF Stock Performance

TDSC stock opened at $25.69 on Friday. The stock has a market cap of $128.96 million, a P/E ratio of 24.94 and a beta of 0.44. The firm has a 50 day simple moving average of $25.28 and a 200 day simple moving average of $24.86. Cabana Target Drawdown 10 ETF has a 52 week low of $21.79 and a 52 week high of $25.91.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Cabana Target Drawdown 10 ETF stock. AdvisorNet Financial Inc raised its stake in shares of Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) by 260.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,969 shares of the company’s stock after purchasing an additional 1,422 shares during the period. AdvisorNet Financial Inc’s holdings in Cabana Target Drawdown 10 ETF were worth $48,000 as of its most recent SEC filing. 31.57% of the stock is currently owned by institutional investors and hedge funds.

About Cabana Target Drawdown 10 ETF

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.