Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Short Interest Update

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 18,368 shares, a drop of 73.1% from the July 15th total of 68,168 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily volume of 3,602 shares, the days-to-cover ratio is presently 5.1 days.

Cabana Target Drawdown 7 ETF Trading Up 0.1%

Shares of TDSB stock opened at $24.92 on Thursday. The company has a market capitalization of $49.84 million, a price-to-earnings ratio of 20.85 and a beta of 0.34. The firm has a 50-day moving average price of $24.60 and a 200 day moving average price of $24.69. Cabana Target Drawdown 7 ETF has a twelve month low of $22.56 and a twelve month high of $25.30.

Cabana Target Drawdown 7 ETF Cuts Dividend

The company 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 2.0%.

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.