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

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

Cabana Target Drawdown 7 ETF Price Performance

Shares of Cabana Target Drawdown 7 ETF stock opened at $25.11 on Thursday. The company has a market cap of $56.50 million, a PE ratio of 20.85 and a beta of 0.34. The firm has a fifty day moving average price of $24.44 and a two-hundred day moving average price of $23.84. Cabana Target Drawdown 7 ETF has a fifty-two week low of $20.83 and a fifty-two week high of $25.16.

Cabana Target Drawdown 7 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were given a dividend of $0.1287 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $0.51 dividend on an annualized basis 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.