SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) Sees Significant Decline in Short Interest

SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 471 shares, a drop of 62.5% from the June 30th total of 1,257 shares. Based on an average daily volume of 603 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the company’s stock are short sold.

SanJac Alpha Core Plus Bond ETF Stock Performance

Shares of NASDAQ:SJCP opened at $24.96 on Monday. The firm has a 50 day simple moving average of $25.04 and a 200-day simple moving average of $25.14. SanJac Alpha Core Plus Bond ETF has a twelve month low of $24.68 and a twelve month high of $25.51.

SanJac Alpha Core Plus Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 17th. Investors of record on Tuesday, June 16th were given a $0.1733 dividend. The ex-dividend date of this dividend was Tuesday, June 16th.

SanJac Alpha Core Plus Bond ETF Company Profile

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.