Short Interest in Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Increases By 308.4%

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 927 shares, a growth of 308.4% from the January 29th total of 227 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 17,571 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 17,571 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Cabana Target Drawdown 7 ETF Price Performance

Shares of TDSB stock opened at $25.11 on Thursday. The stock’s fifty day simple moving average is $24.44 and its 200 day simple moving average is $23.84. Cabana Target Drawdown 7 ETF has a one year low of $20.83 and a one year high of $25.16. The firm has a market cap of $56.50 million, a price-to-earnings ratio of 20.85 and a beta of 0.34.

Cabana Target Drawdown 7 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a $0.1287 dividend. This represents a $0.51 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Tuesday, December 30th.

About Cabana Target Drawdown 7 ETF

The Cabana Target Drawdown 7 ETF (TDSB) 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 7% from peak to trough. TDSB was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.