Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Up 34.5% in January

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 3,900 shares, an increase of 34.5% from the December 31st total of 2,900 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Cabana Target Leading Sector Moderate ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. bought a new position in shares of Cabana Target Leading Sector Moderate ETF in the 3rd quarter valued at $92,000. Avaii Wealth Management LLC acquired a new position in Cabana Target Leading Sector Moderate ETF in the 4th quarter worth about $338,000. Triad Wealth Partners LLC bought a new position in Cabana Target Leading Sector Moderate ETF in the third quarter valued at about $612,000. Finally, Jane Street Group LLC acquired a new stake in shares of Cabana Target Leading Sector Moderate ETF during the third quarter valued at about $667,000.

Cabana Target Leading Sector Moderate ETF Stock Performance

Shares of Cabana Target Leading Sector Moderate ETF stock traded up $0.15 on Thursday, reaching $20.98. 4,097 shares of the stock were exchanged, compared to its average volume of 17,152. The firm’s 50 day moving average is $21.08 and its 200-day moving average is $21.12. The firm has a market cap of $138.67 million, a PE ratio of 19.49 and a beta of 0.50. Cabana Target Leading Sector Moderate ETF has a one year low of $19.57 and a one year high of $22.00.

Cabana Target Leading Sector Moderate ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were issued a $0.4331 dividend. The ex-dividend date of this dividend was Monday, December 30th.

About Cabana Target Leading Sector Moderate ETF

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.