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

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

Cabana Target Leading Sector Moderate ETF Trading Down 0.3 %

Shares of NASDAQ CLSM traded down $0.07 during mid-day trading on Thursday, reaching $20.33. The company had a trading volume of 89,346 shares, compared to its average volume of 50,227. The firm has a 50 day simple moving average of $21.42 and a two-hundred day simple moving average of $21.17. Cabana Target Leading Sector Moderate ETF has a 52-week low of $19.57 and a 52-week high of $22.00. The stock has a market cap of $146.99 million, a P/E ratio of 19.49 and a beta of 0.50.

Cabana Target Leading Sector Moderate ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders 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 Trading of Cabana Target Leading Sector Moderate ETF

Several institutional investors and hedge funds have recently made changes to their positions in CLSM. JPMorgan Chase & Co. acquired a new position in shares of Cabana Target Leading Sector Moderate ETF in the 3rd quarter valued at $92,000. Jane Street Group LLC purchased a new position in Cabana Target Leading Sector Moderate ETF during the 3rd quarter worth $667,000. Finally, Triad Wealth Partners LLC acquired a new position in Cabana Target Leading Sector Moderate ETF in the third quarter valued at $612,000.

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.