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

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) saw a significant 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 daily trading volume, of 18,900 shares, the short-interest ratio is currently 0.3 days.

Cabana Target Leading Sector Moderate ETF Stock Performance

NASDAQ CLSM opened at $20.72 on Friday. The company has a market capitalization of $131.78 million, a P/E ratio of 20.04 and a beta of 0.52. Cabana Target Leading Sector Moderate ETF has a one year low of $19.57 and a one year high of $22.00. The stock has a 50 day moving average price of $20.77 and a 200-day moving average price of $21.15.

Cabana Target Leading Sector Moderate ETF Announces Dividend

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

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

Hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. purchased a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 3rd quarter valued at about $92,000. Susquehanna International Group LLP raised its position 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 valued at $2,126,000 after buying an additional 12,763 shares in the last quarter. Avaii Wealth Management LLC purchased a new stake in Cabana Target Leading Sector Moderate ETF during the fourth quarter valued at approximately $338,000. Citadel Advisors LLC purchased a new stake in Cabana Target Leading Sector Moderate ETF during the fourth quarter valued at approximately $433,000. Finally, Jane Street Group LLC purchased a new stake in Cabana Target Leading Sector Moderate ETF during the third quarter valued at 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.