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

SanJac Alpha Core Plus Bond ETF (NASDAQ:SJCP) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 1,222 shares, a growth of 296.8% from the February 12th total of 308 shares. Based on an average trading volume of 458 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.0% of the shares of the stock are sold short. Currently, 1.0% of the shares of the stock are sold short. Based on an average trading volume of 458 shares, the days-to-cover ratio is presently 2.7 days.

SanJac Alpha Core Plus Bond ETF Price Performance

SJCP stock opened at $25.27 on Friday. The firm has a 50-day simple moving average of $25.29 and a 200-day simple moving average of $25.48. SanJac Alpha Core Plus Bond ETF has a 52 week low of $24.56 and a 52 week high of $25.51.

SanJac Alpha Core Plus Bond ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Tuesday, December 16th were issued a $0.3069 dividend. This represents a $1.23 annualized dividend and a yield of 4.9%. The ex-dividend date was Tuesday, December 16th. This is a positive change from SanJac Alpha Core Plus Bond ETF’s previous quarterly dividend of $0.26.

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.