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

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) was the recipient of a large decrease in short interest in December. As of December 31st, there was short interest totaling 2,517 shares, a decrease of 52.7% from the December 15th total of 5,317 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 18,347 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 18,347 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Cabana Target Drawdown 10 ETF

An institutional investor recently raised its position in Cabana Target Drawdown 10 ETF stock. AdvisorNet Financial Inc raised its position in shares of Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) by 260.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,969 shares of the company’s stock after acquiring 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. Institutional investors and hedge funds own 31.57% of the company’s stock.

Cabana Target Drawdown 10 ETF Price Performance

NASDAQ:TDSC opened at $25.89 on Thursday. The stock has a market cap of $118.84 million, a PE ratio of 25.14 and a beta of 0.44. Cabana Target Drawdown 10 ETF has a fifty-two week low of $21.79 and a fifty-two week high of $25.92. The stock’s 50-day moving average is $25.40 and its two-hundred day moving average is $25.02.

Cabana Target Drawdown 10 ETF Cuts Dividend

The business 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 $0.1326 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 2.0%. Cabana Target Drawdown 10 ETF’s dividend payout ratio (DPR) is 70.87%.

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.