Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Update

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 2,600 shares, an increase of 8.3% from the January 15th total of 2,400 shares. Based on an average trading volume of 18,400 shares, the days-to-cover ratio is currently 0.1 days.

Cabana Target Leading Sector Moderate ETF Stock Performance

Cabana Target Leading Sector Moderate ETF stock traded up $0.09 during midday trading on Tuesday, reaching $21.18. 36,034 shares of the company’s stock were exchanged, compared to its average volume of 18,891. Cabana Target Leading Sector Moderate ETF has a 52 week low of $19.57 and a 52 week high of $22.00. The firm has a market cap of $139.36 million, a price-to-earnings ratio of 19.49 and a beta of 0.50. The stock’s 50-day simple moving average is $20.84 and its 200 day simple moving average is $21.12.

Cabana Target Leading Sector Moderate ETF Dividend Announcement

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

Hedge Funds Weigh In On Cabana Target Leading Sector Moderate ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of CLSM. Triad Wealth Partners LLC bought a new position in Cabana Target Leading Sector Moderate ETF during the third quarter worth about $612,000. Jane Street Group LLC bought a new position in Cabana Target Leading Sector Moderate ETF during the third quarter worth about $667,000. JPMorgan Chase & Co. bought a new position in Cabana Target Leading Sector Moderate ETF during the third quarter worth about $92,000. Avaii Wealth Management LLC bought a new position in Cabana Target Leading Sector Moderate ETF during the fourth quarter worth about $338,000. Finally, GeoWealth Management LLC grew its holdings in Cabana Target Leading Sector Moderate ETF by 2.9% during the fourth quarter. GeoWealth Management LLC now owns 2,123,232 shares of the company’s stock worth $43,165,000 after purchasing an additional 60,611 shares during the period.

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.