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

ATAC Credit Rotation ETF (NYSEARCA:JOJO) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 435 shares, an increase of 539.7% from the January 29th total of 68 shares. Based on an average daily volume of 6,197 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 6,197 shares, the days-to-cover ratio is presently 0.1 days.

ATAC Credit Rotation ETF Stock Performance

Shares of NYSEARCA JOJO remained flat at $16.10 during mid-day trading on Wednesday. 4,075 shares of the company traded hands, compared to its average volume of 4,916. The firm’s 50 day moving average price is $15.73 and its 200-day moving average price is $15.57. ATAC Credit Rotation ETF has a twelve month low of $14.27 and a twelve month high of $16.14. The company has a market cap of $6.12 million, a price-to-earnings ratio of 16.64 and a beta of 0.53.

ATAC Credit Rotation ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Tuesday, February 3rd were paid a $0.08 dividend. The ex-dividend date was Tuesday, February 3rd. This is a positive change from ATAC Credit Rotation ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

Institutional Investors Weigh In On ATAC Credit Rotation ETF

An institutional investor recently bought a new position in ATAC Credit Rotation ETF stock. Root Financial Partners LLC acquired a new position in shares of ATAC Credit Rotation ETF (NYSEARCA:JOJO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 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.

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.