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

Posted by Cynthia Vaughn on Feb 1st, 2025

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM – Get Free Report) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 3,900 shares, a growth 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.

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

Hedge funds have recently made changes to their positions in the business. Jane Street Group LLC purchased a new stake in Cabana Target Leading Sector Moderate ETF in the 3rd quarter worth about $667,000. Triad Wealth Partners LLC purchased a new stake in Cabana Target Leading Sector Moderate ETF in the 3rd quarter worth about $612,000. Avaii Wealth Management LLC purchased a new stake in Cabana Target Leading Sector Moderate ETF in the 4th quarter worth about $338,000. Finally, JPMorgan Chase & Co. purchased a new stake in Cabana Target Leading Sector Moderate ETF in the 3rd quarter worth about $92,000.

Cabana Target Leading Sector Moderate ETF Price Performance

NASDAQ CLSM opened at $20.76 on Friday. The stock has a market capitalization of $137.22 million, a price-to-earnings ratio of 19.49 and a beta of 0.50. Cabana Target Leading Sector Moderate ETF has a one year low of $19.57 and a one year high of $22.00. The business’s fifty day moving average is $21.05 and its 200-day moving average is $21.12.

Cabana Target Leading Sector Moderate ETF Dividend Announcement

The firm also recently announced 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 was Monday, December 30th.

About Cabana Target Leading Sector Moderate ETF

(Get Free Report)

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.