Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Short Interest Up 20.9% in March

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 544 shares, an increase of 20.9% from the March 15th total of 450 shares. Based on an average daily trading volume, of 5,011 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Cabana Target Drawdown 7 ETF Trading Up 0.0%

Shares of TDSB opened at $24.75 on Friday. Cabana Target Drawdown 7 ETF has a 1 year low of $21.22 and a 1 year high of $25.30. The stock has a market cap of $49.50 million, a P/E ratio of 20.85 and a beta of 0.36. The stock’s 50-day moving average price is $24.71 and its two-hundred day moving average price is $24.27.

Cabana Target Drawdown 7 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 27th were issued a dividend of $0.1738 per share. This is a boost from Cabana Target Drawdown 7 ETF’s previous quarterly dividend of $0.13. The ex-dividend date was Friday, March 27th. This represents a $0.70 annualized dividend and a dividend yield of 2.8%.

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.