Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Shares Shorted: Short Interest Up 908.2% in October

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 988 shares, an increase of 908.2% from the September 30th total of 98 shares. Based on an average trading volume of 3,988 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Cabana Target Leading Sector Moderate ETF Stock Performance

Shares of CLSM stock traded up $0.23 on Monday, hitting $27.50. 2,344 shares of the stock traded hands, compared to its average volume of 12,111. Cabana Target Leading Sector Moderate ETF has a twelve month low of $22.42 and a twelve month high of $28.41. The firm’s 50-day moving average price is $27.62 and its two-hundred day moving average price is $25.96. The stock has a market capitalization of $97.08 million, a PE ratio of 20.00 and a beta of 0.57.

Hedge Funds Weigh In On Cabana Target Leading Sector Moderate ETF

A hedge fund recently bought a new stake in Cabana Target Leading Sector Moderate ETF stock. Continuum Advisory LLC purchased a new position in Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,050 shares of the company’s stock, valued at approximately $139,000. Continuum Advisory LLC owned about 0.14% of Cabana Target Leading Sector Moderate ETF as of its most recent SEC filing.

About Cabana Target Leading Sector Moderate ETF

(Get Free Report)

The Cabana Target Leading Sector Moderate ETF (CLSM) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund seeks long-term growth by allocating to a mix of broad asset class ETFs in response to economic conditions. The fund uses an algorithm to select investments in sectors that it identifies as attractive pursuant to its moderate risk profile. CLSM was launched on Jul 12, 2021 and is managed by Exchange Traded Concepts.

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