Cabana Target Drawdown 10 ETF (TDSC) Short Interest Ratio & Short Volume

Short interest is the volume of Cabana Target Drawdown 10 ETF shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 47,800 shares of TDSC short. Learn More on Cabana Target Drawdown 10 ETF's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. TDSC shares currently have a short interest ratio of 1.0. Learn More on Cabana Target Drawdown 10 ETF's short interest ratio.

Cabana Target Drawdown 10 ETF saw a decrease in short interest in April. As of April 15th, there was short interest totaling 47,800 shares, a decrease of 23.3% from the previous total of 62,300 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 10 ETF: Cabana Target Drawdown 7 ETF (0.01%), Global X Alternative Income ETF (0.11%), First Trust Income Opportunities ETF (0.42%), FlexShares Real Assets Allocation Index Fund (0.07%), and iShares GSCI Commodity Dynamic Roll Strategy ETF (0.03%).

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling TDSC is an investing strategy that aims to generate trading profit from Cabana Target Drawdown 10 ETF as its price is falling. TDSC shares are trading up $0.03 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 10 ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of TDSC, 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 TDSC, twice per month. The most recent reporting period available is April, 15 2024.