Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Short Interest Up 1,434.3% in January

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 6,091 shares, a growth of 1,434.3% from the January 15th total of 397 shares. Based on an average trading volume of 12,377 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 12,377 shares, the short-interest ratio is presently 0.5 days.

Cabana Target Drawdown 10 ETF Trading Down 0.2%

Shares of TDSC opened at $26.49 on Wednesday. The stock has a market cap of $117.62 million, a P/E ratio of 25.72 and a beta of 0.44. Cabana Target Drawdown 10 ETF has a 1 year low of $21.79 and a 1 year high of $26.66. The stock’s 50-day moving average price is $25.77 and its two-hundred day moving average price is $25.26.

Cabana Target Drawdown 10 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.1326 per share. The ex-dividend date was Tuesday, December 30th. This represents a $0.53 annualized dividend and a yield of 2.0%. Cabana Target Drawdown 10 ETF’s payout ratio is currently 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.