ATAC Credit Rotation ETF (NYSEARCA:JOJO – Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 19,102 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average trading volume of 13,953 shares, the short-interest ratio is presently 1.4 days. Currently, 5.5% of the shares of the company are short sold.
ATAC Credit Rotation ETF Stock Performance
Shares of JOJO stock traded down $0.03 during trading on Tuesday, hitting $14.80. The company had a trading volume of 252 shares, compared to its average volume of 5,477. The firm has a market capitalization of $5.18 million, a P/E ratio of 16.64 and a beta of 0.49. The stock’s 50-day moving average price is $15.08 and its 200 day moving average price is $15.45. ATAC Credit Rotation ETF has a one year low of $14.83 and a one year high of $16.24.
ATAC Credit Rotation ETF Increases Dividend
The business also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Tuesday, August 4th were issued a $0.0584 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. This is an increase from ATAC Credit Rotation ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend 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.
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