Cabana Target Drawdown 5 ETF (TDSA) Short Interest Ratio & Short Volume

Short interest is the volume of Cabana Target Drawdown 5 ETF shares that have been sold short but have not yet been covered or closed out. As of May 31st, investors have sold 800 shares of TDSA short. Learn More on Cabana Target Drawdown 5 ETF's current short interest.

Cabana Target Drawdown 5 ETF saw a drop in short interest in May. As of May 31st, there was short interest totaling 800 shares, a drop of 33.3% from the previous total of 1,200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to Cabana Target Drawdown 5 ETF: Flexshares Real Assets Allocation Index Fund (0.12%), Global X Alternative Income ETF (1.64%), First Trust Income Opportunities ETF (0.10%), Cabana Target Leading Sector Moderate ETF (0.03%), and iShares GSCI Commodity Dynamic Roll Strategy ETF (0.34%).

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($4.00 billion), Suncor Energy Inc. ($2.98 billion), Charter Communications, Inc. ($2.88 billion), Occidental Petroleum Co. ($2.79 billion), Moderna, Inc. ($2.39 billion), Snowflake Inc. ($2.38 billion), Coinbase Global, Inc. ($2.22 billion), Palantir Technologies Inc. ($2.18 billion), T. Rowe Price Group, Inc. ($2.03 billion), and Verisk Analytics, Inc. ($2.02 billion). View all of the most shorted stocks.

Short selling TDSA is an investing strategy that aims to generate trading profit from Cabana Target Drawdown 5 ETF as its price is falling. TDSA shares are trading down $0.01 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Cabana Target Drawdown 5 ETF occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of TDSA, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including TDSA, twice per month. The most recent reporting period available is May, 31 2023.