Short Interest in SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) Rises By 296.8%

SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 1,222 shares, a growth of 296.8% from the February 12th total of 308 shares. Based on an average daily trading volume, of 458 shares, the short-interest ratio is currently 2.7 days. Currently, 1.0% of the shares of the company are short sold. Currently, 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 458 shares, the short-interest ratio is currently 2.7 days.

SanJac Alpha Core Plus Bond ETF Price Performance

SJCP stock opened at $25.49 on Thursday. The company’s 50-day simple moving average is $25.29 and its 200-day simple moving average is $25.48. SanJac Alpha Core Plus Bond ETF has a 52-week low of $24.56 and a 52-week high of $25.51.

SanJac Alpha Core Plus Bond ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Tuesday, December 16th were issued a $0.3069 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Tuesday, December 16th. This is a positive change from SanJac Alpha Core Plus Bond ETF’s previous quarterly dividend of $0.26.

About SanJac Alpha Core Plus Bond ETF

The SanJac Alpha Core Plus Bond ETF (SJCP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, aiming to provide current income and optimize total returns, maintain limited volatility, and preserve capital by investing in investment-grade debt instruments of varying maturities. SJCP was launched on Sep 10, 2024 and is issued by SanJac Alpha.