Short Interest in ATAC Credit Rotation ETF (NYSEARCA:JOJO) Declines By 58.8%
by Amy Steele · The Cerbat GemATAC Credit Rotation ETF (NYSEARCA:JOJO – Get Free Report) saw a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 105 shares, a decline of 58.8% from the April 15th total of 255 shares. Based on an average daily trading volume, of 3,689 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.
ATAC Credit Rotation ETF Price Performance
NYSEARCA:JOJO opened at $15.52 on Friday. ATAC Credit Rotation ETF has a one year low of $14.81 and a one year high of $16.24. The company’s 50-day simple moving average is $15.64 and its 200 day simple moving average is $15.66. The firm has a market capitalization of $5.90 million, a P/E ratio of 16.64 and a beta of 0.50.
Institutional Investors Weigh In On ATAC Credit Rotation ETF
An institutional investor recently bought a new position in ATAC Credit Rotation ETF stock. Root Financial Partners LLC acquired a new position in shares of ATAC Credit Rotation ETF (NYSEARCA:JOJO – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,300 shares of the company’s stock, valued at approximately $35,000. Root Financial Partners LLC owned approximately 0.53% of ATAC Credit Rotation ETF at the end of the most recent reporting period.
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.