Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Update

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 823 shares, an increase of 20,475.0% from the January 15th total of 4 shares. Based on an average daily trading volume, of 15,624 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 15,624 shares, the days-to-cover ratio is presently 0.1 days.

Cabana Target Leading Sector Moderate ETF Trading Up 0.5%

Shares of CLSM stock opened at $24.11 on Thursday. The stock has a market cap of $105.12 million, a price-to-earnings ratio of 20.00 and a beta of 0.50. The company’s 50-day moving average price is $23.70 and its 200-day moving average price is $23.11. Cabana Target Leading Sector Moderate ETF has a twelve month low of $18.24 and a twelve month high of $24.50.

Cabana Target Leading Sector Moderate ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.2088 dividend. This represents a dividend yield of 89.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Cabana Target Leading Sector Moderate ETF by 117,997.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 273,986 shares of the company’s stock valued at $6,367,000 after purchasing an additional 273,754 shares during the period. Corient Private Wealth LLC purchased a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 2nd quarter worth approximately $4,104,000. Triad Wealth Partners LLC purchased a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 3rd quarter worth approximately $984,000. Aegis Wealth Management Inc. acquired a new position in shares of Cabana Target Leading Sector Moderate ETF in the 4th quarter valued at $727,000. Finally, Citadel Advisors LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the 3rd quarter valued at $530,000.

About Cabana Target Leading Sector Moderate ETF

The Cabana Target Leading Sector Moderate ETF (CLSM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund seeks long-term growth by allocating to a mix of broad asset class ETFs in response to economic conditions. The fund uses an algorithm to select investments in sectors that it identifies as attractive pursuant to its moderate risk profile. CLSM was launched on Jul 12, 2021 and is managed by Exchange Traded Concepts.