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

ATAC Credit Rotation ETF (NYSEARCA:JOJO) was the recipient 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. Approximately 4.0% of the shares of the stock are sold short. Based on an average daily volume of 16,083 shares, the short-interest ratio is presently 0.9 days.

ATAC Credit Rotation ETF Stock Performance

NYSEARCA JOJO traded up $0.08 on Monday, reaching $15.24. The company’s stock had a trading volume of 3,069 shares, compared to its average volume of 5,169. ATAC Credit Rotation ETF has a twelve month low of $15.12 and a twelve month high of $16.24. The firm’s 50 day moving average is $15.48 and its two-hundred day moving average is $15.64. The stock has a market cap of $4.88 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.