Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Up 88.5% in February

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 4,900 shares, a growth of 88.5% from the January 31st total of 2,600 shares. Based on an average trading volume of 18,900 shares, the short-interest ratio is presently 0.3 days.

Cabana Target Leading Sector Moderate ETF Stock Performance

Shares of CLSM stock opened at $20.72 on Friday. The stock’s 50 day simple moving average is $20.77 and its 200 day simple moving average is $21.15. Cabana Target Leading Sector Moderate ETF has a twelve month low of $19.57 and a twelve month high of $22.00. The company has a market capitalization of $131.78 million, a price-to-earnings ratio of 20.04 and a beta of 0.52.

Cabana Target Leading Sector Moderate ETF Dividend Announcement

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 was Monday, December 30th.

Institutional Trading of Cabana Target Leading Sector Moderate ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. acquired a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 3rd quarter worth approximately $92,000. Susquehanna International Group LLP grew its holdings in shares of Cabana Target Leading Sector Moderate ETF by 13.9% during the 4th quarter. Susquehanna International Group LLP now owns 104,599 shares of the company’s stock worth $2,126,000 after purchasing an additional 12,763 shares in the last quarter. Avaii Wealth Management LLC acquired a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 4th quarter worth approximately $338,000. Citadel Advisors LLC acquired a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 4th quarter worth approximately $433,000. Finally, Jane Street Group LLC acquired a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 3rd quarter worth approximately $667,000.

Cabana Target Leading Sector Moderate ETF Company Profile

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.