Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Short Interest Down 84.2% in January

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 397 shares, a drop of 84.2% from the December 31st total of 2,517 shares. Based on an average trading volume of 12,157 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 12,157 shares, the short-interest ratio is presently 0.0 days.

Cabana Target Drawdown 10 ETF Trading Down 0.6%

TDSC stock traded down $0.16 during midday trading on Thursday, hitting $26.41. The stock had a trading volume of 1,120 shares, compared to its average volume of 12,180. The stock has a 50-day simple moving average of $25.59 and a 200 day simple moving average of $25.13. The firm has a market capitalization of $118.58 million, a price-to-earnings ratio of 25.64 and a beta of 0.44. Cabana Target Drawdown 10 ETF has a 52 week low of $21.79 and a 52 week high of $26.66.

Cabana Target Drawdown 10 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a $0.1326 dividend. This represents a $0.53 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Tuesday, December 30th. Cabana Target Drawdown 10 ETF’s payout ratio is 70.87%.

About Cabana Target Drawdown 10 ETF

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.