ATAC Credit Rotation ETF (NYSEARCA:JOJO) Short Interest Down 94.2% in December

ATAC Credit Rotation ETF (NYSEARCA:JOJO) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 141 shares, a drop of 94.2% from the November 30th total of 2,422 shares. Based on an average daily trading volume, of 3,768 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,768 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of ATAC Credit Rotation ETF

An institutional investor recently bought a new position in ATAC Credit Rotation ETF stock. Root Financial Partners LLC purchased a new stake in ATAC Credit Rotation ETF (NYSEARCA:JOJO) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,300 shares of the company’s stock, valued at approximately $35,000. Root Financial Partners LLC owned about 0.53% of ATAC Credit Rotation ETF at the end of the most recent reporting period.

ATAC Credit Rotation ETF Trading Up 0.1%

Shares of NYSEARCA:JOJO traded up $0.02 during midday trading on Wednesday, hitting $15.61. 124 shares of the stock were exchanged, compared to its average volume of 11,561. ATAC Credit Rotation ETF has a twelve month low of $14.27 and a twelve month high of $15.87. The company has a 50 day moving average price of $15.59 and a 200-day moving average price of $15.37. The stock has a market cap of $6.71 million, a P/E ratio of 16.64 and a beta of 0.53.

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.