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 drop in short interest in September. As of September 15th, there was short interest totaling 873 shares, a drop of 62.6% from the August 31st total of 2,334 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,401 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Cabana Target Leading Sector Moderate ETF

Several institutional investors have recently modified their holdings of CLSM. Corient Private Wealth LLC lifted its position in Cabana Target Leading Sector Moderate ETF by 152.4% in the 4th quarter. Corient Private Wealth LLC now owns 636,358 shares of the company’s stock worth $14,787,000 after buying an additional 384,226 shares during the last quarter. Signal Advisors Wealth LLC bought a new position in Cabana Target Leading Sector Moderate ETF during the first quarter valued at approximately $1,752,000. Finally, Continuum Advisory LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF during the second quarter worth approximately $139,000.

Cabana Target Leading Sector Moderate ETF Stock Performance

CLSM traded up $0.17 during trading on Friday, reaching $28.01. The stock had a trading volume of 9,166 shares, compared to its average volume of 13,141. The stock has a market cap of $98.88 million, a PE ratio of 20.00 and a beta of 0.57. Cabana Target Leading Sector Moderate ETF has a one year low of $22.42 and a one year high of $28.13. The business has a 50-day moving average of $27.26 and a 200-day moving average of $26.32.

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. CLSM was launched on Jul 12, 2021 and is managed by Exchange Traded Concepts.