Cabana Target Drawdown 10 ETF (NASDAQ:TDSC – Get Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 44,220 shares, an increase of 11,094.9% from the June 30th total of 395 shares. Based on an average daily trading volume, of 29,772 shares, the short-interest ratio is presently 1.5 days. Currently, 1.2% of the company’s stock are short sold.
Cabana Target Drawdown 10 ETF Stock Up 0.4%
Shares of NASDAQ:TDSC traded up $0.11 on Friday, reaching $27.83. The company had a trading volume of 864 shares, compared to its average volume of 13,200. The stock has a market capitalization of $102.14 million, a P/E ratio of 27.02 and a beta of 0.46. The stock has a 50-day moving average price of $27.70 and a 200 day moving average price of $26.89. Cabana Target Drawdown 10 ETF has a twelve month low of $23.98 and a twelve month high of $28.20.
Cabana Target Drawdown 10 ETF Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 26th were paid a $0.0797 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, June 26th. This is a positive change from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.06. Cabana Target Drawdown 10 ETF’s dividend payout ratio (DPR) is 42.72%.
Cabana Target Drawdown 10 ETF Company Profile
The Cabana Target Drawdown 10 ETF (TDSC) 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 10% from peak to trough. TDSC was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.
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