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

ATAC Credit Rotation ETF (NYSEARCA:JOJO) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,623 shares, an increase of 521.3% from the May 31st total of 905 shares. Based on an average daily trading volume, of 3,405 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.5% of the shares of the company are short sold.

ATAC Credit Rotation ETF Price Performance

JOJO remained flat at $15.71 on Friday. The company’s stock had a trading volume of 2,260 shares, compared to its average volume of 4,164. ATAC Credit Rotation ETF has a 12-month low of $14.99 and a 12-month high of $16.24. The stock’s 50-day moving average is $15.61 and its 200 day moving average is $15.67. The firm has a market cap of $5.97 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.