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

Cabana Target Drawdown 7 ETF (NASDAQ:TDSBGet Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,909 shares, a decline of 89.1% from the August 15th total of 17,570 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 2,674 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On Cabana Target Drawdown 7 ETF

A hedge fund recently bought a new position in Cabana Target Drawdown 7 ETF stock. Continuum Advisory LLC bought a new stake in Cabana Target Drawdown 7 ETF (NASDAQ:TDSBFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,990 shares of the company’s stock, valued at approximately $147,000. Continuum Advisory LLC owned about 0.30% of Cabana Target Drawdown 7 ETF at the end of the most recent quarter.

Cabana Target Drawdown 7 ETF Trading Down 0.7%

NASDAQ:TDSB traded down $0.17 on Thursday, hitting $24.74. The company had a trading volume of 1,457 shares, compared to its average volume of 6,951. Cabana Target Drawdown 7 ETF has a 52 week low of $23.10 and a 52 week high of $25.30. The stock has a market capitalization of $49.48 million, a price-to-earnings ratio of 20.85 and a beta of 0.34. The firm has a 50 day moving average of $24.75 and a two-hundred day moving average of $24.74.

Cabana Target Drawdown 7 ETF Cuts Dividend

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

Cabana Target Drawdown 7 ETF Company Profile

(Get Free Report)

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.

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