Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Up 38.8% in February

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 6,800 shares, an increase of 38.8% from the February 13th total of 4,900 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 19,600 shares, the days-to-cover ratio is currently 0.3 days.

Cabana Target Leading Sector Moderate ETF Stock Up 2.9 %

NASDAQ:CLSM traded up $0.57 on Friday, reaching $20.54. 17,445 shares of the company’s stock traded hands, compared to its average volume of 24,502. The stock has a 50-day simple moving average of $20.68 and a 200-day simple moving average of $21.09. The firm has a market cap of $135.15 million, a PE ratio of 20.04 and a beta of 0.50. Cabana Target Leading Sector Moderate ETF has a 12 month low of $19.57 and a 12 month high of $22.00.

Cabana Target Leading Sector Moderate ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued a $0.4331 dividend. The ex-dividend date was Monday, December 30th.

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. bought a new stake in shares of Cabana Target Leading Sector Moderate ETF in the third quarter worth about $92,000. Avaii Wealth Management LLC bought a new stake in shares of Cabana Target Leading Sector Moderate ETF in the fourth quarter worth about $338,000. Citadel Advisors LLC bought a new stake in shares of Cabana Target Leading Sector Moderate ETF in the fourth quarter worth about $433,000. Jane Street Group LLC bought a new stake in shares of Cabana Target Leading Sector Moderate ETF in the third quarter worth about $667,000. Finally, Susquehanna International Group LLP increased its holdings in shares of Cabana Target Leading Sector Moderate ETF by 13.9% in the fourth quarter. Susquehanna International Group LLP now owns 104,599 shares of the company’s stock worth $2,126,000 after purchasing an additional 12,763 shares during the last quarter.

About Cabana Target Leading Sector Moderate ETF

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.