Cabana Target Drawdown 16 ETF (TDSE) Short Interest Ratio & Short Volume

Short interest is the volume of Cabana Target Drawdown 16 ETF shares that have been sold short but have not yet been closed out or covered. As of July 31st, investors have sold 2,200 shares of TDSE short. Learn More on Cabana Target Drawdown 16 ETF's current short interest.

Cabana Target Drawdown 16 ETF saw a drop in short interest in July. As of July 31st, there was short interest totaling 2,200 shares, a drop of 4.3% from the previous total of 2,300 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 16 ETF: First Trust Income Opportunities ETF (0.10%), Global X Alternative Income ETF (1.64%), Flexshares Real Assets Allocation Index Fund (0.12%), 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: Charter Communications, Inc. ($3.34 billion), Occidental Petroleum Co. ($2.88 billion), Coinbase Global, Inc. ($2.50 billion), Rivian Automotive, Inc. ($2.47 billion), Palantir Technologies Inc. ($2.37 billion), Royal Caribbean Cruises Ltd. ($2.33 billion), T. Rowe Price Group, Inc. ($2.29 billion), Tractor Supply ($1.59 billion), Upstart Holdings, Inc. ($1.58 billion), and Enphase Energy, Inc. ($1.52 billion). View all of the most shorted stocks.

Short selling TDSE is an investing strategy that aims to generate trading profit from Cabana Target Drawdown 16 ETF as its price is falling. TDSE 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 16 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 TDSE, 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 TDSE, twice per month. The most recent reporting period available is July, 31 2023.