Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Sees Large Decrease in Short Interest

Posted by Patrick Bannon on Sep 11th, 2026

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB – Get 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 short sold. Based on an average daily volume of 2,674 shares, the short-interest ratio is currently 0.7 days.

Cabana Target Drawdown 7 ETF Stock Performance

TDSB remained flat at $24.74 during trading on Friday. The company had a trading volume of 1,457 shares, compared to its average volume of 6,951. The business’s 50 day moving average is $24.75 and its 200 day moving average is $24.74. The company has a market capitalization of $49.48 million, a PE ratio of 20.85 and a beta of 0.34. Cabana Target Drawdown 7 ETF has a 12 month low of $23.10 and a 12 month high of $25.30.

Cabana Target Drawdown 7 ETF Cuts Dividend

The business also recently announced 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. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, June 26th.

Hedge Funds Weigh In On Cabana Target Drawdown 7 ETF

An institutional investor recently bought a new stake in Cabana Target Drawdown 7 ETF stock. Continuum Advisory LLC purchased a new stake in Cabana Target Drawdown 7 ETF (NASDAQ:TDSB – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,990 shares of the company’s stock, valued at approximately $147,000. Continuum Advisory LLC owned approximately 0.30% of Cabana Target Drawdown 7 ETF as of its most recent filing with the SEC.

Cabana Target Drawdown 7 ETF Company Profile

(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.