Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Sees Large Drop in Short Interest

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 204 shares, a decline of 96.7% from the January 29th total of 6,091 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 31,447 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 31,447 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Cabana Target Drawdown 10 ETF Trading Down 0.3%

TDSC stock opened at $26.85 on Friday. The stock has a 50-day moving average price of $26.08 and a two-hundred day moving average price of $25.44. Cabana Target Drawdown 10 ETF has a 1 year low of $21.79 and a 1 year high of $26.98. The stock has a market cap of $119.21 million, a PE ratio of 26.07 and a beta of 0.44.

Cabana Target Drawdown 10 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given 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 dividend payout ratio (DPR) 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.