Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Stock Short Interest Drops 69.9%

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB – Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 137 shares, a decrease of 69.9% from the October 15th total of 455 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,215 shares, the days-to-cover ratio is currently 0.1 days.

Cabana Target Drawdown 7 ETF Stock Performance

NASDAQ TDSB remained flat at $24.62 during trading hours on Friday. The company’s stock had a trading volume of 1,576 shares, compared to its average volume of 6,178. Cabana Target Drawdown 7 ETF has a 1 year low of $23.75 and a 1 year high of $25.30. The company has a market cap of $48.01 million, a price-to-earnings ratio of 20.85 and a beta of 0.32. The business has a fifty day moving average of $24.73 and a two-hundred day moving average of $24.73.

Cabana Target Drawdown 7 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a dividend of $0.0435 per share. This is a drop from Cabana Target Drawdown 7 ETF’s previous quarterly dividend of $0.1260. The ex-dividend date was Monday, September 28th. This represents a $0.17 annualized dividend and a dividend yield of 0.7%.

Institutional Trading of Cabana Target Drawdown 7 ETF

An institutional investor recently bought a new position in Cabana Target Drawdown 7 ETF stock. Continuum Advisory LLC purchased a new stake in Cabana Target Drawdown 7 ETF (NASDAQ:TDSB – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,990 shares of the company’s stock, valued at approximately $147,000. Continuum Advisory LLC owned 0.30% of Cabana Target Drawdown 7 ETF at the end of the most recent reporting period.

About Cabana Target Drawdown 7 ETF

(Get Free Report)

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.

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