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

ATAC Credit Rotation ETF (NYSEARCA:JOJO) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 14,115 shares, a growth of 257.1% from the June 30th total of 3,953 shares. Based on an average daily trading volume, of 16,083 shares, the short-interest ratio is presently 0.9 days. Approximately 4.0% of the company’s shares are short sold.

ATAC Credit Rotation ETF Stock Performance

JOJO traded up $0.01 during trading on Friday, reaching $15.16. 1,864 shares of the company’s stock were exchanged, compared to its average volume of 5,184. The company’s fifty day moving average price is $15.48 and its 200-day moving average price is $15.64. ATAC Credit Rotation ETF has a fifty-two week low of $15.12 and a fifty-two week high of $16.24. The firm has a market capitalization of $5.31 million, a PE ratio of 16.64 and a beta of 0.49.

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.