Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Short Interest Up 34.5% in January

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 3,900 shares, an increase of 34.5% from the December 31st total of 2,900 shares. Based on an average daily volume of 18,500 shares, the short-interest ratio is presently 0.2 days.

Cabana Target Leading Sector Moderate ETF Stock Performance

Shares of CLSM opened at $20.76 on Friday. The firm has a market cap of $137.22 million, a PE ratio of 19.49 and a beta of 0.50. The firm’s 50 day moving average price is $21.05 and its 200 day moving average price is $21.12. Cabana Target Leading Sector Moderate ETF has a twelve month low of $19.57 and a twelve month high of $22.00.

Cabana Target Leading Sector Moderate ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were issued 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

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. bought a new position in shares of Cabana Target Leading Sector Moderate ETF in the 3rd quarter valued at approximately $92,000. Avaii Wealth Management LLC bought a new stake in shares of Cabana Target Leading Sector Moderate ETF during the 4th quarter worth $338,000. Triad Wealth Partners LLC bought a new position in Cabana Target Leading Sector Moderate ETF in the 3rd quarter worth $612,000. Finally, Jane Street Group LLC acquired a new stake in shares of Cabana Target Leading Sector Moderate ETF in the third quarter valued at about $667,000.

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.