Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Short Interest Up 427.9% in February

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) was the target of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 1,077 shares, a growth of 427.9% from the February 12th total of 204 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 26,551 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 26,551 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Cabana Target Drawdown 10 ETF Price Performance

NASDAQ TDSC opened at $26.60 on Wednesday. The company has a fifty day moving average of $26.27 and a 200 day moving average of $25.57. The company has a market capitalization of $118.10 million, a PE ratio of 25.83 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 $27.08.

Cabana Target Drawdown 10 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a dividend of $0.1326 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 2.0%. Cabana Target Drawdown 10 ETF’s dividend payout ratio (DPR) is presently 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.