Cabana Target Drawdown 16 ETF (NASDAQ:TDSE) Short Interest Up 350.0% in May

Cabana Target Drawdown 16 ETF (NASDAQ:TDSE – Get Rating) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,800 shares, an increase of 350.0% from the April 30th total of 400 shares. Based on an average daily trading volume, of 20,800 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Cabana Target Drawdown 16 ETF stock. JPMorgan Chase & Co. acquired a new stake in shares of Cabana Target Drawdown 16 ETF (NASDAQ:TDSE – Get Rating) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 46,624 shares of the company’s stock, valued at approximately $1,026,000. JPMorgan Chase & Co. owned 0.98% of Cabana Target Drawdown 16 ETF at the end of the most recent reporting period.

Cabana Target Drawdown 16 ETF Stock Up 0.6 %

Cabana Target Drawdown 16 ETF stock traded up $0.12 during midday trading on Friday, reaching $21.77. 2,836 shares of the company traded hands, compared to its average volume of 25,325. Cabana Target Drawdown 16 ETF has a 12 month low of $21.53 and a 12 month high of $24.07. The business has a 50 day moving average of $21.98 and a two-hundred day moving average of $22.22.