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

ATAC Credit Rotation ETF (NYSEARCA:JOJO) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 19,102 shares, a growth of ∞ from the August 15th total of 0 shares. Approximately 5.5% of the company’s shares are short sold. Based on an average daily volume of 13,953 shares, the short-interest ratio is presently 1.4 days.

ATAC Credit Rotation ETF Trading Up 0.1%

NYSEARCA JOJO traded up $0.02 on Wednesday, hitting $14.82. The company’s stock had a trading volume of 516 shares, compared to its average volume of 5,425. The firm has a market cap of $14.81 million, a P/E ratio of 16.64 and a beta of 0.49. ATAC Credit Rotation ETF has a 52-week low of $14.80 and a 52-week high of $16.24. The company’s 50-day simple moving average is $15.07 and its 200 day simple moving average is $15.44.

ATAC Credit Rotation ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Tuesday, August 4th were issued a dividend of $0.0584 per share. This is a boost from ATAC Credit Rotation ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Tuesday, August 4th.

About ATAC Credit Rotation ETF

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.