Short Interest in Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Expands By 308.4%

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 927 shares, an increase of 308.4% from the January 29th total of 227 shares. Based on an average daily volume of 17,571 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 17,571 shares, the days-to-cover ratio is presently 0.1 days.

Cabana Target Drawdown 7 ETF Stock Performance

Cabana Target Drawdown 7 ETF stock opened at $25.09 on Friday. Cabana Target Drawdown 7 ETF has a 52 week low of $20.83 and a 52 week high of $25.16. The stock has a fifty day moving average of $24.46 and a 200-day moving average of $23.85. The stock has a market capitalization of $56.45 million, a P/E ratio of 20.85 and a beta of 0.34.

Cabana Target Drawdown 7 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a dividend of $0.1287 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $0.51 annualized dividend and a dividend yield of 2.1%.

Cabana Target Drawdown 7 ETF Company Profile

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. TDSB was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.