Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Short Interest Update

Posted by Steve Reilly on Jul 12th, 2024

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totalling 2,300 shares, a drop of 78.7% from the June 15th total of 10,800 shares. Based on an average trading volume of 32,900 shares, the short-interest ratio is currently 0.1 days.

Cabana Target Drawdown 10 ETF Stock Performance

TDSC stock remained flat at $24.60 during mid-day trading on Thursday. 20,579 shares of the company’s stock traded hands, compared to its average volume of 110,085. The company has a market cap of $235.42 million, a price-to-earnings ratio of 23.88 and a beta of 0.40. The business has a fifty day simple moving average of $24.13 and a 200 day simple moving average of $23.73. Cabana Target Drawdown 10 ETF has a 52-week low of $21.73 and a 52-week high of $24.70.

Cabana Target Drawdown 10 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Monday, June 24th were issued a dividend of $0.0323 per share. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.13 annualized dividend and a yield of 0.53%. Cabana Target Drawdown 10 ETF’s dividend payout ratio (DPR) is currently 49.51%.

Hedge Funds Weigh In On Cabana Target Drawdown 10 ETF

A hedge fund recently bought a new stake in Cabana Target Drawdown 10 ETF stock. Davis R M Inc. bought a new stake in Cabana Target Drawdown 10 ETF (NASDAQ:TDSC – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,653 shares of the company’s stock, valued at approximately $341,000. Davis R M Inc. owned approximately 0.12% of Cabana Target Drawdown 10 ETF at the end of the most recent quarter. Institutional investors own 31.57% of the company’s stock.

About Cabana Target Drawdown 10 ETF

(Get Free Report)

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.