Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Sees Significant Growth in Short Interest

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,900 shares, a growth of 7.4% from the November 30th total of 2,700 shares. Based on an average trading volume of 17,100 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

Several large investors have recently added to or reduced their stakes in CLSM. JPMorgan Chase & Co. purchased a new position in shares of Cabana Target Leading Sector Moderate ETF in the third quarter worth about $92,000. Jane Street Group LLC purchased a new position in Cabana Target Leading Sector Moderate ETF in the 3rd quarter valued at approximately $667,000. Finally, Triad Wealth Partners LLC bought a new stake in Cabana Target Leading Sector Moderate ETF during the 3rd quarter valued at $612,000.

Cabana Target Leading Sector Moderate ETF Stock Down 0.3 %

Cabana Target Leading Sector Moderate ETF stock traded down $0.07 during trading on Thursday, hitting $20.33. The stock had a trading volume of 89,346 shares, compared to its average volume of 50,227. The stock’s 50 day moving average is $21.42 and its two-hundred day moving average is $21.17. Cabana Target Leading Sector Moderate ETF has a 1 year low of $19.57 and a 1 year high of $22.00. The stock has a market cap of $146.99 million, a price-to-earnings ratio of 19.49 and a beta of 0.50.

Cabana Target Leading Sector Moderate ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders 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.

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.