ATAC Credit Rotation ETF (NYSEARCA:JOJO) Short Interest Up 112.8% in January

ATAC Credit Rotation ETF (NYSEARCA:JOJOGet Free Report) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 649 shares, a growth of 112.8% from the December 31st total of 305 shares. Based on an average daily volume of 2,282 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 2,282 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On ATAC Credit Rotation ETF

A hedge fund recently bought a new stake in ATAC Credit Rotation ETF stock. Root Financial Partners LLC purchased a new stake in ATAC Credit Rotation ETF (NYSEARCA:JOJOFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,300 shares of the company’s stock, valued at approximately $35,000. Root Financial Partners LLC owned 0.53% of ATAC Credit Rotation ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

ATAC Credit Rotation ETF Price Performance

ATAC Credit Rotation ETF stock opened at $15.70 on Friday. The business’s fifty day moving average is $15.61 and its 200 day moving average is $15.49. The stock has a market capitalization of $5.97 million, a PE ratio of 16.64 and a beta of 0.53. ATAC Credit Rotation ETF has a one year low of $14.27 and a one year high of $15.87.

ATAC Credit Rotation ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.0763 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a c) dividend on an annualized basis and a yield of 5.8%. This is an increase from ATAC Credit Rotation ETF’s previous monthly dividend of $0.05.

ATAC Credit Rotation ETF Company Profile

(Get Free Report)

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.

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