Cabana Target Drawdown 10 ETF (NASDAQ:TDSC) Short Interest Down 66.5% in May

by · The Cerbat Gem

Cabana Target Drawdown 10 ETF (NASDAQ:TDSC – Get Free Report) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 936 shares, a decrease of 66.5% from the April 30th total of 2,798 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 6,397 shares, the short-interest ratio is currently 0.1 days.

Cabana Target Drawdown 10 ETF Stock Performance

Shares of TDSC traded up $0.06 during mid-day trading on Friday, hitting $28.00. 5,132 shares of the stock were exchanged, compared to its average volume of 13,404. The company has a market cap of $105.56 million, a PE ratio of 27.18 and a beta of 0.46. Cabana Target Drawdown 10 ETF has a 52-week low of $23.75 and a 52-week high of $28.01. The firm has a 50-day moving average of $26.83 and a two-hundred day moving average of $26.24.

Cabana Target Drawdown 10 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 27th were given a dividend of $0.055 per share. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.22 annualized dividend and a dividend yield of 0.8%. Cabana Target Drawdown 10 ETF’s payout ratio is currently 54.37%.

Cabana Target Drawdown 10 ETF Company Profile

(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. TDSC was launched on Sep 16, 2020 and is managed by Exchange Traded Concepts.

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