Short Interest in Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) Rises By 265.4%

Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totalling 9,500 shares, an increase of 265.4% from the August 31st total of 2,600 shares. Based on an average daily volume of 25,300 shares, the short-interest ratio is presently 0.4 days.

Cabana Target Leading Sector Moderate ETF Stock Up 0.4 %

CLSM traded up $0.09 on Friday, reaching $21.22. The company had a trading volume of 18,872 shares, compared to its average volume of 61,344. Cabana Target Leading Sector Moderate ETF has a 1 year low of $19.57 and a 1 year high of $21.43. The stock has a market capitalization of $175.28 million, a PE ratio of 19.49 and a beta of 0.50. The stock has a 50-day moving average price of $20.90 and a 200-day moving average price of $20.59.

Institutional Investors Weigh In On Cabana Target Leading Sector Moderate ETF

A hedge fund recently bought a new stake in Cabana Target Leading Sector Moderate ETF stock. Signal Advisors Wealth LLC purchased a new position in shares of Cabana Target Leading Sector Moderate ETF (NASDAQ:CLSM) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 111,430 shares of the company’s stock, valued at approximately $2,284,000. Signal Advisors Wealth LLC owned 1.17% of Cabana Target Leading Sector Moderate ETF as of its most recent SEC filing.

Cabana Target Leading Sector Moderate ETF Company Profile

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.