ATAC Credit Rotation ETF (NYSEARCA:JOJO – Get Free Report) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 504 shares, a growth of 28.2% from the February 26th total of 393 shares. Based on an average trading volume of 5,544 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.
ATAC Credit Rotation ETF Price Performance
NYSEARCA JOJO opened at $15.57 on Wednesday. The firm has a market cap of $5.92 million, a P/E ratio of 16.64 and a beta of 0.53. The stock’s 50-day moving average is $15.79 and its 200-day moving average is $15.64. ATAC Credit Rotation ETF has a one year low of $14.27 and a one year high of $16.24.
ATAC Credit Rotation ETF Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Tuesday, February 3rd were paid a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date of this dividend was Tuesday, February 3rd. This is a positive change from ATAC Credit Rotation ETF’s previous monthly dividend of $0.08.
Institutional Inflows and Outflows
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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