ATAC Credit Rotation ETF (NYSEARCA:JOJO) Short Interest Down 99.7% in July

ATAC Credit Rotation ETF (NYSEARCA:JOJO) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 38 shares, a drop of 99.7% from the July 15th total of 14,115 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,252 shares, the days-to-cover ratio is presently 0.0 days.

ATAC Credit Rotation ETF Stock Performance

Shares of ATAC Credit Rotation ETF stock traded up $0.01 on Tuesday, reaching $15.02. The company had a trading volume of 21,632 shares, compared to its average volume of 5,134. The firm’s 50 day moving average price is $15.35 and its two-hundred day moving average price is $15.59. The firm has a market cap of $5.26 million, a PE ratio of 16.64 and a beta of 0.49. ATAC Credit Rotation ETF has a 52-week low of $14.95 and a 52-week high of $16.24.

About ATAC Credit Rotation ETF

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.