SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) Sees Large Growth in Short Interest

SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 638 shares, a growth of 5,216.7% from the August 31st total of 12 shares. Based on an average daily trading volume, of 832 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are sold short.

SanJac Alpha Core Plus Bond ETF Trading Down 0.1%

Shares of SanJac Alpha Core Plus Bond ETF stock opened at $24.71 on Friday. The company’s 50-day moving average price is $25.03 and its two-hundred day moving average price is $25.06. SanJac Alpha Core Plus Bond ETF has a 52 week low of $24.68 and a 52 week high of $25.50.

SanJac Alpha Core Plus Bond ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 16th. Shareholders of record on Tuesday, September 15th were issued a $0.2720 dividend. This is an increase from SanJac Alpha Core Plus Bond ETF’s previous quarterly dividend of $0.1733. This represents a $1.09 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Tuesday, September 15th.

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.