Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Sees Significant Decrease in Short Interest

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 204 shares, a decrease of 96.7% from the January 29th total of 6,091 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 31,447 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 31,447 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Cabana Target Drawdown 10 ETF Price Performance

Shares of TDSC stock traded up $0.11 during trading on Wednesday, reaching $26.94. The company had a trading volume of 3,727 shares, compared to its average volume of 21,571. The firm’s 50 day simple moving average is $26.05 and its two-hundred day simple moving average is $25.43. Cabana Target Drawdown 10 ETF has a one year low of $21.79 and a one year high of $26.98. The company has a market capitalization of $119.61 million, a PE ratio of 26.16 and a beta of 0.44.

Cabana Target Drawdown 10 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.1326 dividend. This represents a $0.53 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Tuesday, December 30th. Cabana Target Drawdown 10 ETF’s payout ratio is presently 70.87%.

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.