Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Short Interest Down 38.4% in April

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 337 shares, a decrease of 38.4% from the March 31st total of 547 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,448 shares, the days-to-cover ratio is presently 0.0 days.

Cabana Target Drawdown 10 ETF Price Performance

NASDAQ TDSC opened at $26.97 on Monday. The business has a fifty day moving average price of $26.45 and a two-hundred day moving average price of $25.85. Cabana Target Drawdown 10 ETF has a fifty-two week low of $23.15 and a fifty-two week high of $27.08. The stock has a market capitalization of $101.68 million, a PE ratio of 26.18 and a beta of 0.46.

Cabana Target Drawdown 10 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 27th were paid a dividend of $0.055 per share. The ex-dividend date was Friday, March 27th. This represents a $0.22 annualized dividend and a yield of 0.8%. Cabana Target Drawdown 10 ETF’s dividend payout ratio is presently 54.37%.

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.