Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Short Interest Update

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 18,368 shares, a drop of 73.1% from the July 15th total of 68,168 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average trading volume of 3,602 shares, the days-to-cover ratio is currently 5.1 days.

Cabana Target Drawdown 7 ETF Stock Performance

Shares of NASDAQ TDSB traded down $0.02 during trading on Friday, reaching $24.90. The stock had a trading volume of 5,197 shares, compared to its average volume of 7,314. The stock has a market cap of $49.80 million, a PE ratio of 20.85 and a beta of 0.34. Cabana Target Drawdown 7 ETF has a one year low of $22.56 and a one year high of $25.30. The firm’s 50 day moving average price is $24.60 and its two-hundred day moving average price is $24.69.

Cabana Target Drawdown 7 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 26th were issued a $0.126 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Friday, June 26th.

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.