Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Short Interest Down 43.6% in June

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 251 shares, a decline of 43.6% from the June 15th total of 445 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,448 shares, the short-interest ratio is presently 0.1 days.

Cabana Target Drawdown 7 ETF Stock Performance

Cabana Target Drawdown 7 ETF stock traded down $0.03 during mid-day trading on Friday, reaching $24.47. 889 shares of the company were exchanged, compared to its average volume of 7,993. The business has a fifty day moving average of $24.71 and a 200 day moving average of $24.64. The firm has a market cap of $47.72 million, a P/E ratio of 20.85 and a beta of 0.34. Cabana Target Drawdown 7 ETF has a 12-month low of $21.70 and a 12-month high of $25.30.

Cabana Target Drawdown 7 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th were issued a dividend of $0.126 per share. The ex-dividend date was Friday, June 26th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.1%.

Cabana Target Drawdown 7 ETF Company Profile

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.