Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Update

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 5,000 shares, a decrease of 26.5% from the February 28th total of 6,800 shares. Based on an average daily volume of 20,100 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Cabana Target Leading Sector Moderate ETF Price Performance

Cabana Target Leading Sector Moderate ETF stock opened at $20.77 on Friday. The firm has a market cap of $136.67 million, a PE ratio of 20.13 and a beta of 0.50. The stock’s fifty day moving average price is $20.79 and its two-hundred day moving average price is $21.09. Cabana Target Leading Sector Moderate ETF has a one year low of $19.57 and a one year high of $22.00.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in Cabana Target Leading Sector Moderate ETF during the third quarter worth $92,000. Avaii Wealth Management LLC acquired a new stake in Cabana Target Leading Sector Moderate ETF in the fourth quarter valued at about $338,000. Citadel Advisors LLC bought a new position in Cabana Target Leading Sector Moderate ETF in the fourth quarter valued at about $433,000. Jane Street Group LLC acquired a new position in Cabana Target Leading Sector Moderate ETF during the third quarter worth about $667,000. Finally, Susquehanna International Group LLP lifted 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 acquiring an additional 12,763 shares during the last quarter.

Cabana Target Leading Sector Moderate ETF Company Profile

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.