Cabana Target Drawdown 10 ETF (NASDAQ:TDSC – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 987 shares, a decrease of 40.8% from the September 15th total of 1,666 shares. Based on an average trading volume of 7,311 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Cabana Target Drawdown 10 ETF Trading Down 0.5%
Shares of TDSC stock traded down $0.14 during mid-day trading on Friday, reaching $28.51. The stock had a trading volume of 407 shares, compared to its average volume of 10,798. Cabana Target Drawdown 10 ETF has a 1-year low of $24.63 and a 1-year high of $28.89. The firm has a market cap of $103.78 million, a price-to-earnings ratio of 27.68 and a beta of 0.46. The business’s fifty day moving average is $28.51 and its 200-day moving average is $27.77.
Cabana Target Drawdown 10 ETF Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a dividend of $0.1065 per share. The ex-dividend date of this dividend was Monday, September 28th. This represents a $0.43 dividend on an annualized basis and a yield of 1.5%. This is a boost from Cabana Target Drawdown 10 ETF’s previous quarterly dividend of $0.0797. Cabana Target Drawdown 10 ETF’s payout ratio is 35.92%.
About Cabana Target Drawdown 10 ETF
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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