SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) Sees Significant Drop in Short Interest

SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 12 shares, a decline of 45.5% from the August 15th total of 22 shares. Based on an average trading volume of 632 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

SanJac Alpha Core Plus Bond ETF Stock Performance

SJCP traded up $0.01 during trading on Thursday, reaching $24.77. 117 shares of the company were exchanged, compared to its average volume of 1,601. SanJac Alpha Core Plus Bond ETF has a 12-month low of $24.68 and a 12-month high of $25.50. The company’s 50-day moving average is $25.07 and its two-hundred day moving average is $25.09.

SanJac Alpha Core Plus Bond ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Tuesday, September 15th were issued a dividend of $0.272 per share. This is a boost from SanJac Alpha Core Plus Bond ETF’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.09 dividend on an annualized basis and a yield of 4.4%.

SanJac Alpha Core Plus Bond ETF Company Profile

The SanJac Alpha Core Plus Bond ETF (SJCP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, aiming to provide current income and optimize total returns, maintain limited volatility, and preserve capital by investing in investment-grade debt instruments of varying maturities. SJCP was launched on Sep 10, 2024 and is issued by SanJac Alpha.