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

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 6,800 shares, an increase of 38.8% from the February 13th total of 4,900 shares. Based on an average trading volume of 19,600 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Cabana Target Leading Sector Moderate ETF Price Performance

Shares of NASDAQ CLSM traded up $0.32 during midday trading on Monday, reaching $20.86. 5,582 shares of the company traded hands, compared to its average volume of 24,426. The company has a market cap of $137.23 million, a price-to-earnings ratio of 20.13 and a beta of 0.50. The stock has a 50-day moving average price of $20.68 and a 200 day moving average price of $21.09. Cabana Target Leading Sector Moderate ETF has a 52 week low of $19.57 and a 52 week high of $22.00.

Cabana Target Leading Sector Moderate ETF Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. bought a new position in shares of Cabana Target Leading Sector Moderate ETF during the 3rd quarter valued at about $92,000. Avaii Wealth Management LLC acquired a new position in Cabana Target Leading Sector Moderate ETF in the fourth quarter worth approximately $338,000. Citadel Advisors LLC bought a new position in shares of Cabana Target Leading Sector Moderate ETF in the fourth quarter valued at $433,000. Jane Street Group LLC acquired a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 3rd quarter valued at $667,000. Finally, Susquehanna International Group LLP boosted its stake 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 acquiring an additional 12,763 shares in the last quarter.

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.