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

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 47,800 shares, a decline of 23.3% from the March 31st total of 62,300 shares. Based on an average trading volume of 46,100 shares, the short-interest ratio is presently 1.0 days.

Cabana Target Drawdown 10 ETF Stock Performance

Shares of NASDAQ TDSC traded up $0.15 during trading on Monday, hitting $23.68. 13,060 shares of the company traded hands, compared to its average volume of 157,982. The business’s fifty day moving average is $23.77 and its 200 day moving average is $23.05. The firm has a market capitalization of $247.22 million, a price-to-earnings ratio of 22.84 and a beta of 0.37. Cabana Target Drawdown 10 ETF has a fifty-two week low of $21.73 and a fifty-two week high of $24.29.

Cabana Target Drawdown 10 ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Tuesday, March 26th were issued a $0.0704 dividend. The ex-dividend date was Monday, March 25th. This represents a $0.28 annualized dividend and a yield of 1.19%. Cabana Target Drawdown 10 ETF’s payout ratio is currently 52.43%.

Institutional Investors 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. purchased a new stake in Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,653 shares of the company’s stock, valued at approximately $341,000. Davis R M Inc. owned about 0.12% of Cabana Target Drawdown 10 ETF at the end of the most recent quarter. 31.57% of the stock is owned by institutional investors.

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.