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

Posted by Lindsey Winhoffer on Feb 1st, 2025

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM – Get Free Report) was the recipient of a large growth in short interest during 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 currently 0.2 days.

Hedge Funds Weigh In On Cabana Target Leading Sector Moderate ETF

Institutional investors have recently added to or reduced their stakes in the company. Triad Wealth Partners LLC acquired a new position in shares of Cabana Target Leading Sector Moderate ETF in the third quarter valued at $612,000. Jane Street Group LLC acquired a new position in shares of Cabana Target Leading Sector Moderate ETF in the third quarter valued at $667,000. JPMorgan Chase & Co. acquired a new position in shares of Cabana Target Leading Sector Moderate ETF in the third quarter valued at $92,000. Finally, Avaii Wealth Management LLC acquired a new position in shares of Cabana Target Leading Sector Moderate ETF in the fourth quarter valued at $338,000.

Cabana Target Leading Sector Moderate ETF Stock Down 1.1 %

Shares of CLSM stock opened at $20.76 on Friday. The company has a market capitalization of $137.22 million, a P/E ratio of 19.49 and a beta of 0.50. Cabana Target Leading Sector Moderate ETF has a 12-month low of $19.57 and a 12-month high of $22.00. The firm has a 50-day moving average price of $21.05 and a 200 day moving average price of $21.12.

Cabana Target Leading Sector Moderate ETF Announces Dividend

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

Cabana Target Leading Sector Moderate ETF Company Profile

(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.