Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Update

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 2,334 shares, an increase of 946.6% from the August 15th total of 223 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 3,908 shares, the days-to-cover ratio is presently 0.6 days.

Cabana Target Leading Sector Moderate ETF Trading Down 0.8%

Shares of NASDAQ:CLSM traded down $0.22 during mid-day trading on Thursday, reaching $27.09. The stock had a trading volume of 3,624 shares, compared to its average volume of 13,653. The company has a market cap of $96.98 million, a P/E ratio of 20.00 and a beta of 0.57. Cabana Target Leading Sector Moderate ETF has a 1 year low of $22.42 and a 1 year high of $28.10. The business’s 50 day moving average price is $27.13 and its 200 day moving average price is $26.06.

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

Institutional investors have recently modified their holdings of the stock. Corient Private Wealth LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the 2nd quarter worth approximately $4,104,000. Citadel Advisors LLC purchased a new stake in Cabana Target Leading Sector Moderate ETF in the third quarter worth $530,000. Northwestern Mutual Wealth Management Co. increased its stake in Cabana Target Leading Sector Moderate ETF by 117,997.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 273,986 shares of the company’s stock worth $6,367,000 after buying an additional 273,754 shares during the period. Aegis Wealth Management Inc. bought a new stake in shares of Cabana Target Leading Sector Moderate ETF during the fourth quarter valued at approximately $727,000. Finally, Signal Advisors Wealth LLC bought a new stake in Cabana Target Leading Sector Moderate ETF during the 1st quarter valued at $1,752,000.

About Cabana Target Leading Sector Moderate ETF

The Cabana Target Leading Sector Moderate ETF (CLSM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund seeks long-term growth by allocating to a mix of broad asset class ETFs in response to economic conditions. The fund uses an algorithm to select investments in sectors that it identifies as attractive pursuant to its moderate risk profile. CLSM was launched on Jul 12, 2021 and is managed by Exchange Traded Concepts.