ATAC Credit Rotation ETF (NYSEARCA:JOJO) Short Interest Update

ATAC Credit Rotation ETF (NYSEARCA:JOJO) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 14,115 shares, a growth of 257.1% from the June 30th total of 3,953 shares. Based on an average trading volume of 16,083 shares, the days-to-cover ratio is presently 0.9 days. Currently, 4.0% of the company’s shares are sold short.

ATAC Credit Rotation ETF Trading Up 0.1%

ATAC Credit Rotation ETF stock traded up $0.01 during mid-day trading on Friday, hitting $15.16. The stock had a trading volume of 1,864 shares, compared to its average volume of 5,184. The stock has a 50-day simple moving average of $15.48 and a two-hundred day simple moving average of $15.64. The stock has a market capitalization of $5.31 million, a PE ratio of 16.64 and a beta of 0.49. ATAC Credit Rotation ETF has a 12 month low of $15.12 and a 12 month high of $16.24.

ATAC Credit Rotation ETF Company Profile

The ATAC Credit Rotation ETF (JOJO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds that toggles between corporate high-yield bonds and US Treasurys, depending on the utilities sectors performance relative to the US large-cap market. JOJO was launched on Jul 15, 2021 and is managed by ATAC.