Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Short Interest Down 77.8% in October

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 600 shares, a decrease of 77.8% from the September 30th total of 2,700 shares. Based on an average trading volume of 9,600 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 9,600 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Cabana Target Drawdown 7 ETF

A hedge fund recently raised its stake in Cabana Target Drawdown 7 ETF stock. AdvisorNet Financial Inc increased its stake in shares of Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) by 583.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,892 shares of the company’s stock after acquiring an additional 1,615 shares during the quarter. AdvisorNet Financial Inc owned about 0.06% of Cabana Target Drawdown 7 ETF worth $42,000 at the end of the most recent quarter.

Cabana Target Drawdown 7 ETF Stock Performance

Shares of NASDAQ:TDSB opened at $23.96 on Tuesday. The firm has a fifty day moving average price of $23.29 and a 200 day moving average price of $22.54. Cabana Target Drawdown 7 ETF has a fifty-two week low of $20.83 and a fifty-two week high of $24.13. The firm has a market cap of $62.30 million, a price-to-earnings ratio of 20.85 and a beta of 0.34.

Cabana Target Drawdown 7 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 29th were given a dividend of $0.1312 per share. This is a positive change from Cabana Target Drawdown 7 ETF’s previous quarterly dividend of $0.10. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Monday, September 29th.

About Cabana Target Drawdown 7 ETF

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.