Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) Short Interest Update

Cabana Target Drawdown 7 ETF (NASDAQ:TDSB) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 13,170 shares, a growth of 1,320.7% from the February 12th total of 927 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 13,280 shares, the short-interest ratio is presently 1.0 days. Based on an average daily trading volume, of 13,280 shares, the short-interest ratio is presently 1.0 days. Approximately 0.6% of the company’s shares are sold short.

Cabana Target Drawdown 7 ETF Price Performance

NASDAQ TDSB remained flat at $25.09 during mid-day trading on Tuesday. 10,008 shares of the company were exchanged, compared to its average volume of 12,139. The firm has a market capitalization of $56.45 million, a PE ratio of 20.85 and a beta of 0.34. Cabana Target Drawdown 7 ETF has a 1 year low of $20.83 and a 1 year high of $25.30. The firm’s fifty day simple moving average is $24.61 and its two-hundred day simple moving average is $24.00.

Cabana Target Drawdown 7 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.1287 per share. This represents a $0.51 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend 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.