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

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,666 shares, an increase of 83.3% from the August 31st total of 909 shares. Based on an average daily trading volume, of 5,189 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Cabana Target Drawdown 10 ETF Stock Performance

Shares of Cabana Target Drawdown 10 ETF stock traded up $0.04 on Wednesday, hitting $28.17. 3,659 shares of the company’s stock were exchanged, compared to its average volume of 11,247. Cabana Target Drawdown 10 ETF has a 1 year low of $24.50 and a 1 year high of $28.89. The company has a 50-day simple moving average of $28.34 and a 200-day simple moving average of $27.57. The stock has a market capitalization of $103.95 million, a PE ratio of 27.35 and a beta of 0.46.

Cabana Target Drawdown 10 ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th will be issued a dividend of $0.1065 per share. This is a boost from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.0797. This represents a $0.43 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, September 28th. Cabana Target Drawdown 10 ETF’s dividend payout ratio is presently 42.72%.

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.