Short Interest in Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Declines By 23.3%

Posted by Cynthia Vaughn on Apr 29th, 2024

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC – Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 47,800 shares, a decrease of 23.3% from the March 31st total of 62,300 shares. Based on an average daily volume of 46,100 shares, the days-to-cover ratio is presently 1.0 days.

Cabana Target Drawdown 10 ETF Trading Up 0.6 %

TDSC stock traded up $0.15 during midday trading on Monday, reaching $23.68. 13,060 shares of the company’s stock traded hands, compared to its average volume of 157,982. Cabana Target Drawdown 10 ETF has a 52-week low of $21.73 and a 52-week high of $24.29. The stock has a market cap of $247.22 million, a P/E ratio of 22.84 and a beta of 0.37. The stock’s 50-day moving average is $23.77 and its 200 day moving average is $23.05.

Cabana Target Drawdown 10 ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Tuesday, March 26th were paid a $0.0704 dividend. The ex-dividend date of this dividend was Monday, March 25th. This represents a $0.28 annualized dividend and a dividend yield of 1.19%. Cabana Target Drawdown 10 ETF’s dividend payout ratio (DPR) is 52.43%.

Institutional Trading of Cabana Target Drawdown 10 ETF

An institutional investor recently bought a new position in Cabana Target Drawdown 10 ETF stock. Davis R M Inc. purchased a new position in Cabana Target Drawdown 10 ETF (NASDAQ:TDSC – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,653 shares of the company’s stock, valued at approximately $341,000. Davis R M Inc. owned 0.12% of Cabana Target Drawdown 10 ETF at the end of the most recent reporting period. Institutional investors and hedge funds own 31.57% of the company’s stock.

About Cabana Target Drawdown 10 ETF

(Get Free Report)

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.