Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Up 20,475.0% in January

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) saw a significant increase in short interest during the month of 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. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 15,624 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 15,624 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in CLSM. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Cabana Target Leading Sector Moderate ETF by 117,997.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 273,986 shares of the company’s stock worth $6,367,000 after buying an additional 273,754 shares during the last quarter. Corient Private Wealth LLC purchased a new position in Cabana Target Leading Sector Moderate ETF in the second quarter worth $4,104,000. Triad Wealth Partners LLC purchased a new position in Cabana Target Leading Sector Moderate ETF in the third quarter worth $984,000. Aegis Wealth Management Inc. bought a new position in Cabana Target Leading Sector Moderate ETF in the 4th quarter valued at $727,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 3rd quarter valued at $530,000.

Cabana Target Leading Sector Moderate ETF Stock Down 0.5%

NASDAQ CLSM traded down $0.11 on Tuesday, reaching $24.01. The company had a trading volume of 64,075 shares, compared to its average volume of 24,571. The stock has a market capitalization of $104.68 million, a P/E ratio of 20.00 and a beta of 0.50. The company’s fifty day moving average is $23.67 and its 200 day moving average is $23.09. Cabana Target Leading Sector Moderate ETF has a 52-week low of $18.24 and a 52-week high of $24.50.

Cabana Target Leading Sector Moderate ETF Dividend Announcement

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

Cabana Target Leading Sector Moderate ETF Company Profile

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.